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HomeMy WebLinkAboutPACKET Town Board 2025-07-22Town Board of Trustees Regular Meeting Tuesday, July 22, 2025, 7:00 p.m. Town Hall Board Room, 170 MacGregor Ave, Estes Park Accessibility Statement The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Meeting Participation This meeting will be streamed live & available on the Town YouTube page. Click on the following links for more information on Digital Accessibility, Meeting Translations, & Public Comment. The Town Board reserves the right to consider other appropriate items not available at the time the agenda was prepared. Agenda Pledge of Allegiance Proclamation – Estes Park Recycles Day Agenda Approval Public Comment Town Board Comments/Liaison Reports Town Administrator Report • Policy Governance Monitoring Report – Policies 3.3, 3.12, & 3.13 Board Policy 2.3 designates specific reporting requirements for the Town Administrator to provide information on policy compliance to the Board. The above policies are reported each July. Consent Agenda 1. Expenditure Approval Lists – Bills 2. Town Board Meeting & Study Session Minutes dated July 8, 2025 3. Estes Park Planning Commission Appointment of Julie Phares to complete the term of Jeff Robbins expiring March 31, 2026 4. Estes Park Board of Adjustment Appointment of Colin Godsey for a three-year term expiring March 31, 2028 5. Resolution 29-25 Amendment to an Agreement with AE2S LLC to add General Services for the Spruce Knob and Carriage Hills Water Systems Improvement Project $219,930 - Budgeted 6. Resolution 75-25 Intergovernmental Agreement with Colorado Department of Transportation for Fiscal Year 2020 State of Colorado Senate Bill 267 Grant Funding to Redesign the Visitor Center Parking Lot (CDOT PO #491003941) $136,845 - Budgeted 7. Acceptance of Town Administrator Policy Governance Monitoring Report Reports & Discussion Items (Outside Entities) 1. Base Funding Report: Via Mobility Services Action Items 1. Ordinance 14-25 Acting by and through its Water Activity Enterprise, Authorizing the Execution and Delivery of a First Amendment to Construction Loan Agreement and Note, Series 2022A and other Documents Related thereto in Connection with Rebuilding and Improving the Water Distribution System of the Former Prospect Mountain Water Company; and Declaring an Emergency Description: Requesting a maturity extension for CoBank Loan Series 2022A, as USDA loan proceeds intended to refinance Prospect Mountain System Project are not yet available. 2. Resolution 76-25 Sunsetting the Transportation Advisory Board Description: Consideration of a resolution to sunset the Transportation Advisory Board. Request to Enter Executive Session To discuss purchase, acquisition, lease, transfer or sale of any real, personal, or other property interest - Section 24-6-402(4)(a), C.R.S., and for a conference with an attorney for the Board for the purposes of receiving legal advice on specific legal questions - Section 24-6-402(4)(b), C.R.S., - Potential Locations and Real Property Transaction Alternatives for Relocation of the Police Department. Adjourn The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees From: Town Administrator Machalek Date: July 22, 2025 Subject: Policy Governance Monitoring Report – Policies 3.3, 3.12, and 3.13 Type: Other: Policy Board Policy 2.3 designates specific reporting requirements for the Town Administrator to provide information on policy compliance to the Board. In July of each year the Town Administrator is required to report on Policies 3.3 (Financial Planning and Budgeting), 3.12 (Internal Operating Procedures), and 3.13 (Town Organizational Plan). Policy 3.3 states: “With respect for strategic planning for projects, services, and activities with a fiscal impact, the Town Administrator may not jeopardize either the operational or fiscal integrity of Town government.” Policy 3.12 states: “With respect to internal operating procedures, the Town Administrator will ensure that the Town has internal procedures to promote effective and efficient Town operations.” Policy 3.13 states: “With respect to internal organizational structure of the Town, the Town Administrator will maintain a current organizational plan (organizational chart) of the Town, in a graphical format through the division level. The Town Administrator will update the plan annually. The current plan shall be included in the Annual Comprehensive Financial Report each year and presented to the Board of Trustees at the first regular meeting following the certification of the results of each biennial election.” This report constitutes my assurance that, as reasonable interpreted, these conditions have not occurred and further, that the data submitted below are accurate as of this date. Travis Machalek Town Administrator Policy 3.3: With respect for strategic planning for projects, services and activities with a fiscal impact, the Town Administrator may not jeopardize either the operational or fiscal integrity of Town government. Accordingly, the Town Administrator shall not allow budgeting which: 3.3.1: Deviates from statutory requirements. Interpretation: I interpret this to mean that our budgeting practices and policies comply with all requirements contained in the Colorado Revised Statutes that are applicable to statutory towns. Compliance with the policy will be achieved when: There are no deviations in our practices or policies from what is required by State Statute. Evidence: 1. The annual independent audit 2. Annual Comprehensive Financial Report (ACFR) 3. All policies are reviewed for legal compliance by the Town Attorney 4. No State-issued non-compliance notifications to the Town of Estes Park regarding our budgetary obligations under State Statute. Report: I report compliance. 3.3.2: Deviates materially from Board-stated priorities in its allocation among competing budgetary needs. Interpretation: I interpret this to mean that the annual budget adopted by the Board of Trustees represents the officially adopted priorities of the Board. This includes any budget amendments approved by the Town Board throughout the year and any specific spending authorizations approved by the Town Board. I interpret “materially deviate” to mean any change in spending priority that results in a resource diversion away from any Board objective, goal, or outcome that is substantial enough to hinder the achievement of the objective, goal, or outcome. I do not interpret minor deviations resulting from changing circumstances, community demands, and/or unforeseen circumstances outside of the Town’s control as material deviations. Compliance with the policy will be achieved when: Budget spending does not materially deviate from the levels approved in the adopted budget. Evidence: 1. The 2025 adopted budget was prepared based on the Board’s Strategic Plan. 2. Any substantial budget changes have been presented to the Board for review and approval as budget amendments. 3. HTE budget reports for each department are available on request. Report: I report compliance. 3.3.3: Contains inadequate information to enable credible projection of revenues and expenses, separation of capital and operational items, cash flow and subsequent audit trails, and disclosure of planning assumptions. Interpretation: I interpret this to mean that the Town Administrator’s recommended budget must be based on credible data and the best available information concerning the local economy and other factors that may impact the Town’s revenues and expenses. In addition, the budget is to be structured to separate capital expenditures from operational costs. All revenue projections will be based on the professional judgement of the Town’s Finance Director. Compliance with the policy will be achieved when: • Operational revenue projections are clear and projected and actual revenues are within a 10% margin of error, barring any catastrophic events. • The budget presented to the Board for adoption is in a format that separates revenues, expenses, and capital expenditures. • Critical assumptions used in preparing the budget are clearly articulated to the Board during budget review sessions. Evidence: 1. Operational revenue projections for 2025 are currently within a 10% margin of error. 2. The 2025 adopted budget is presented in a format that separates revenues, expenditures, and capital. 3. Critical assumptions used in preparing the budget were discussed with the Board during budget review sessions as well as during budget amendment discussions. Report: I report compliance. 3.3.4: Plans the expenditure in any fiscal year of more funds than are conservatively projected to be received in that period, or which are otherwise available. Interpretation: I interpret this to mean that the proposed budget must be balanced. This includes expenditures for the year not exceeding the revenues received from all sources. Exceptions are Board-approved use of fund balances, and use of funds that have been accumulated over a period of time, with the approval of the Board, with the intent of saving funds to pay for a specific project or capital expense. Compliance with the policy will be achieved when: The proposed budget meets the above criteria, inclusive of any board approved spending of fund balance or specific reserve funds. Evidence: 1. The adopted budget demonstrates that I have not allowed budgeting which plans the expenditure in any fiscal year of more funds than are conservatively projected to be received in that period, or which are otherwise available. Report: I report compliance. 3.3.5: Reduces fund balances or reserves in any fund to a level below that established by the Board of Town Trustees by adopted policy. Interpretation: I interpret this to mean that fund balance reserves must be calculated at every budget amendment, and that the General Fund reserve shall not drop below 25% unless otherwise authorized by the Board. If the Board approves and adopts a budget that plans for reducing the fund balance below the 25% level, I interpret this as being authorized by the Board. Compliance with the policy will be achieved when: • The latest budget amendment shows a General-Fund fund balance of 25% or greater, unless otherwise approved by the Board. • The proposed budget anticipates an end-of-year fund balance in the General Fund of 25% or greater, unless otherwise approved by the Board. Evidence: 1. 2024 Budget Amendment #6 anticipates a 30.3% General-Fund fund balance at the end of 2024. 2. 2025 Budget Amendment #1 anticipates a 31.5% General-Fund fund balance at the end of 2025. Report: I report compliance. 3.3.6: Fails to maintain a Budget Contingency Plan capable of responding to significant shortfalls within the Town’s budget. Interpretation: I interpret this to mean that I must prepare a budget that maintains a fund balance of 25% or more in the General Fund and adequate fund balances in all enterprise funds, including the required TABOR reserve and the current cash reserves as defined in Board Policy 670 – Cash and Investment Reserve and Contingency. Compliance with the policy will be achieved when: • The proposed budget anticipates an end-of-year fund balance in the General Fund of 25% or greater, unless otherwise authorized by the Board. • The current cash reserves meet the criteria defined in Board Policy 670 – Cash and Investment Reserve and Contingency. Evidence: 1. The 2023 ACFR shows a 78.0% General-Fund fund balance at the end of 2023. 2. 2024 Budget Amendment #6 anticipates a 30.3% General-Fund fund balance at the end of 2024. 3. 2025 Budget Amendment #1 anticipates a 31.5% General-Fund fund balance at the end of 2025. 4. Current cash and investment reserves are reported to the Board on a monthly basis, as required by Board Policy 670. 5. The Town’s budget contingency plan is established in Policy 670 (Section 3.b). Report: I report compliance. 3.3.7: Fails to provide for an annual audit. Interpretation: I interpret this to mean that I must ensure that the Town completes an independent audit annually. Further, that audit report should result in an unqualified and unmodified opinion from the Board’s auditors. Compliance with the policy will be achieved when: The annual audit is complete and presented to the Town Board. Evidence: 1. The 2023 Audit has been completed and the ACFR prepared and submitted to the State of Colorado with an unqualified and unmodified opinion from the Board’s auditors. 2. The 2023 Audit has been delivered to the Audit Committee and Town Board. 3. The 2024 Audit is approaching completion. Report: I report compliance. 3.3.8: Fails to protect, within his or her ability to do so, the integrity of the current or future bond ratings of the Town. Interpretation: I interpret this to mean that I cannot take any action that will negatively impact the Town’s bond rating. This includes maintaining adequate fund balances as required in 3.3.5 and maintaining adequate bond coverage ratios for all revenue bonds associated with the Town’s enterprise funds. Compliance with the policy will be achieved when: • I am in compliance with 3.3.5. • Required bond coverage ratios are met. Evidence: 1. The 2023 ACFR shows a 78.0% General-Fund fund balance at the end of 2023. 2. 2024 Budget Amendment #6 anticipates a 30.3% General-Fund fund balance at the end of 2024. 3. 2025 Budget Amendment #1 anticipates a 31.5% General-Fund fund balance at the end of 2025. 4. Our current (December 31, 2024) estimated bond-coverage ratio for Power and Communications (308%) exceeds the required ratio of 125%. 5. Our current (December 31, 2024) estimated bond-coverage ratio for Water (563%) exceeds the required ratio of 110%. Report: I report compliance. 3.3.9: Results in new positions to staffing levels without specific approval of the Town Board. The Town Administrator may approve positions funded by grants, which would not impose additional costs to the Town in addition to the grant funds, and any temporary positions for which existing budgeted funds are allocated. Interpretation: I interpret this to mean that I cannot allow any new positions or expansion of any part-time positions to be advertised or filled without prior Board approval. I may allow new positions or partial positions funded by grants or temporary positions for which existing budgeted funds are allocated without prior approval of the Board. I may also allow reductions in staffing without Board approval. Compliance with the policy will be achieved when: No new positions or expansion of any part-time positions are approved and/or hired without approval of the Board, with the exceptions noted above. Evidence: 1. All positions are indicated in the adopted and proposed budgets and no unapproved positions have been created. Report: I report compliance. Policy 3.12: With respect to internal operating procedures, the Town Administrator will ensure that the Town has internal procedures to promote effective and efficient Town operations. Interpretation: I interpret this to mean that I maintain up-to-date internal policies and procedures that control the day-to-day operations of the Town. These policies are updated when necessary to reflect changing conditions and governing laws. Compliance with the policy will be achieved when: No issues arise that go unaddressed by internal policies and procedures and the Town is not put at risk legally or financially due to the lack of adequate policies or procedures guiding our actions. Evidence: 1. Town policies and procedures are up-to-date and available to all employees on iTown. 2. Policies are reviewed on a regularly scheduled basis to ensure they remain current and effective. Report: I report compliance. Policy 3.13: With respect to internal organizational structure of the Town, the Town Administrator will maintain a current organizational plan (organizational chart) of the Town, in a graphical format including through the division level. The Town Administrator will update the plan annually. The current plan shall be included in the Comprehensive Annual Financial Report each year, and presented to the Board of Trustees at the first regular meeting following the certification of the results of each biennial election. Interpretation: I interpret this to mean that I maintain a current organizational chart that is included in the ACFR and presented to the Town Board after the certification of the results of each biennial Town election. Compliance with the policy will be achieved when: • The organizational chart is printed in the ACFR. • The organizational chart is presented to the Town Board at the first regular meeting following the certification of the results of each biennial Town election. Evidence: 1. The organizational chart was published as part of the 2023 ACFR and will be published as part of the 2024 ACFR. 2. The organizational chart was presented to the Town Board at the first regular meeting following the certification of the results of the last biennial Town election (April 23, 2024). Report: I report compliance. Town of Estes Park, Larimer County, Colorado, July 8, 2025 Minutes of a Regular meeting of the Board of Trustees of the Town of Estes Park, Larimer County, Colorado. Meeting held in the Town Hall in said Town of Estes Park on the 8th day of July, 2025. Present: Gary Hall, Mayor Marie Cenac, Mayor Pro Tem Trustees Bill Brown Kirby Hazelton Frank Lancaster Mark Igel Cindy Younglund Also Present: Travis Machalek, Town Administrator Jason Damweber, Deputy Town Administrator Dan Kramer, Town Attorney Jackie Williamson, Town Clerk Absent: None Mayor Hall called the meeting to order at 7:00 p.m. and all desiring to do so, recited the Pledge of Allegiance. AGENDA APPROVAL. It was moved and seconded (Hazelton/Younglund) to approve the Agenda, and it unanimously. PUBLIC COMMENTS. Belle Morris/Town resident provided background on her experience as Vice Chair and Chair of the Transportation Advisory Board (TAB), initiatives, and projects throughout the years she served on the Board. She described the passion and commitment of members, spoke regarding her concerns for comments by Trustee Igel, TAB Liaison, and her removal from TAB. She requested the Board change the TAB Liaison and highlighted her years working along citizens, and her respect for staff and Town leadership. TRUSTEE COMMENTS. Board comments were heard and have been summarized: Police Auxiliary were commended for their support during the Fourth of July celebrations; Trustees Hazelton and Lancaster held interviews for the Estes Park Planning Commission vacancy and would be bring forward a recommendation at a future meeting; Rooftop Rodeo week had begun with a successful Parade on Monday, Paint Estes Pink held their annual Crowns for the Care fundraiser raising over $133,000 in donations to fund cancer screenings for under and uninsured residents of the Estes Valley, and Pam Leitner was crowned Mrs. Rooftop Rodeo; the Estes Park Sister Cities anticipated a visit from Monteverde members in the Fall; the Visit Estes Park Board meeting and they received a clean financial audit, an economic impact study report was reviewed, there would be a special meeting to relay the determination of a VEP personnel investigation, and an update on the search of the VEP Chief Executive Officer would be forthcoming; Restorative Justice held a Board meeting discussing the Estes Park Development Code re-write and have held small group meetings to provide additional opportunities for all aspects of the community to engage in the process; the Board encouraged support for the communities impacted by recent Texas flooding; the Economic Development and Workforce Council have been working with Larimer County on re-defining the Enterprise Zone, and applications for the Business Accelerator Services of Estes (BASE) program would open on August 1, 2025 and business owners were encouraged to participate in the free program. TOWN ADMINISTRATOR REPORT. Town Administrator Machalek commended staff and coordinating agencies who ensured a successful and safe Fourth of July celebration in Estes Park. Board of Trustees – July 8, 2025 – Page 2 CONSENT AGENDA: 1. Bills. 2. Town Board Meeting Minutes and Study Session Minutes dated June 24, 2025. 3. Estes Park Planning Commission Minutes dated April 15, 2025 and May 20, 2025 (acknowledgement only). It was moved and seconded (Igel/Cenac) to approve the Consent Agenda, and it passed unanimously. REPORTS AND DISCUSSION ITEMS: (Outside Entities). 1. BASE FUNDING REPORT: ESTES ARTS DISTRICT. Estes Arts District (EAD) Director Endsley provided an overview of their mission, introduced members, spoke regarding the diverse arts scene and reviewed projects including: Friends of Folk (10th Anniversary), Chalk Art, Public Art installations, a new membership program to be launch in December providing additional opportunities for networking and collaboration in the art community, and 2025 events and new youth programs. The District continues to pursue the Colorado Creative Industries Designation as a Certified Arts District in 2025. She stated the designation includes a $10,000 award and would attract artists and creative entrepreneurs to Estes Park to enhance the economic and civic capital of the community. Board members attended the Colorado Creative Industries summit, met other applicants and discussed opportunities to improve the designation application. The EAD anticipate to additional information on their application in late Fall 2025. The Board thanked the EAD for the presentation and wished them luck on their designation. LIQUOR ITEMS: 1. RESOLUTION 69-25 TRANSFER OF OWNERSHIP FROM JWC STANLEY HOLDING, LLC DBA THE STANLEY HOTEL TO STANLEY PARTNERSHIP FOR ART CULTURE AND EDUCATION LLC DBA THE STANLEY HOTEL, 333 WONDERVIEW AVENUE, ESTES PARK, CO 80517. Mayor Hall opened the public hearing and Town Clerk Williamson presented Resolution 69-25 for a transfer of ownership for a Hotel & Restaurant liquor license. She reviewed the application stating all paperwork and fees had been submitted. The applicant was filing as an LLC and was aware of the Training for Intervention Procedures (TIPS) requirement. Staff stated there was no police report with regard to the investigation of the applicant as the applicant was a quasi-governmental entity, however, the representative has undergone a background check. The applicant was available for questions. The Board questioned who the responsible person would be for this entity to which staff stated John Cullen, former owner. Mayor Hall closed the public hearing, and it was moved and seconded (Hazelton/Younglund) to approve Resolution 69-25, and it passed unanimously. ACTION ITEMS: 1. INITIATED ORDINANCE PETITION – TO AMEND THE ESTES PARK DEVELOPMENT CODE REGARDING REZONINGS AND ALL PLANNED UNIT DEVELOPMENT APPLICATIONS. Mayor Hall opened the public hearing. Town Clerk Williamson presented an Initiated Ordinance filed with the Town to amend the Estes Park Development Code regarding rezonings and or all Planned Unit Developments (PUD) applications. On November 18, 2024, a letter was sent to the petitioners, James and Kristine Poppitz, approving the form of the petition allowing the petition to be circulated and outlining the petition must be signed by at least 5% of the registered electors per the state statute; the total number of signatures required was established at 246. On May 16, 2025, the Town Clerk received 43 signed petition sections containing 405 signatures. The Town Clerk reviewed the signatures to verify the registration of the individual against the voter registration list supplied to the Town by the Larimer County Elections Office. A preliminary statement of sufficiency was issued on June 13, 2025 certifying the petition was signed by 246 registered voters, Board of Trustees – July 8, 2025 – Page 3 and on June 25, 2025, after the 40-day protest period had elapsed with no protest filled, final petition sufficiency was determined. Per 31-11-104 (1) CRS, the Board of Trustees within 20 days from the final statement of sufficiency must either: (1) adopt, without alteration, the citizen-initiated ordinance as proposed, Ordinance 11-25, or (2) refer the Initiated Ordinance to the registered electors of the municipality to an election no less than 60 days and not more than 150 days. If the Board refers the ordinance to an election, staff has determined the only viable option would be to join the coordinate general election on November 4, 2025. Staff contacted Larimer County Election offices to determine election costs and was provided an estimate range of $6,000 to $20,000 pending State and/or the County participation on the ballot. Those speaking in support to refer the Initiated Ordinance to the registered electors included Becky Robbins/County resident and Board member for the Board of Realtors, Jeff Robins/County resident, Scott Moulton/Estes Park Housing Authority (EPHA) Director and Frank Theis/Town resident. Comments have been summarized: questioned whether the item if passed would violate the Fair Housing Act; encouraged the Board seek legal council to determine whether the outcome of the item if approved would harm a protected class; concerns the initiative may be unconstitutional; and if approved the code would significantly increase the cost to develop and impact the EPHA ability to deliver housing opportunities which the community needs. Those speaking in favor of approving the Initiated Ordinance included: Terry Rustin/County resident, Kristine Poppitz/County resident, Laura Rustin/County resident, and John Guffey/Town resident. Comments have been summarized: support was heard to adopt the Ordinance as written; concerns raised had nothing to do with the content of the citizen-initiated ordinance; and if approved, the new code would provide residents with an opportunity to express opinions about applications at neighboring properties. Board discussion has been summarized: questioned whether there were any commitments made for a special election when staff contacted Larimer County to which staff responded no commitments were made; the Board reaffirmed the two decisions before the Board outlined in the memo by staff which was confirmed by Town Attorney Kramer; the Board requested clarification on timelines for any deadlines identified in state statutes; and discussion ensued regarding House Bill 25- 1093 Limitations on Local Anti-Growth Land Use Policies which would not be in effect until August 2025. Mayor Hall closed the public hearing. After further discussion it was moved and seconded (Igel/Cenac) to approve Resolution 70-25 referring Ordinance 11-25 to the Coordinated Election on November 4, 2025, and it passed with Trustee Brown abstaining. A substitute motion was made and seconded (Brown/Cenac) to defer action to the August 12, 2025 meeting, and it failed with Mayor Hall, Mayor Pro Tem Cenac, and Trustees Hazelton, Igel, and Lancaster, voting “No”. Town Clerk Williamson stated, per the Larimer County Election calendar and state statutes, the Town would be required to give the Larimer County Clerk and Recorder notice of intent to participate in the coordinated election 100 days prior to the election (July 25, 2025), which may be impacted by deferring the item to August. 2. INITIATED ORDINANCE PETITION – TO REPEAL SECTION 11.4 AND ASSOCIATED BUILDING HEIGHT LIMITS IN SECTION 4.3 OF THE ESTES PARK DEVELOPMENT CODE. Mayor Hall opened the public hearing. Town Clerk Williamson presented an Initiated Ordinance filed with the Town to repeal the Estes Park Development Code section 11.4 and associated building height limits in section 4.3. The item dates and deadlines were consistent with the previous initiated ordinance and staff requested Board decision on the item. On May 16, 2025, the Town Clerk received 43 signed petition sections containing 393 signatures. The Town Clerk reviewed the signatures to verify the registration of the individual against the voter registration list supplied to the Town by the Larimer County Elections Office. A Board of Trustees – July 8, 2025 – Page 4 preliminary statement of sufficiency was issued on June 13, 2025 certifying the petition was signed by 5% or 246 registered voters. Scott Moulton/EPHA Director spoke in support to refer the Initiated Ordinance to the registered electors stating if approved the code would significantly increase the cost to develop and would impact the EPHA ability to deliver housing opportunities which the community needs. Those speaking in favor of approving the Initiated Ordinance included: Frank Theis/Town resident, Kristine Poppitz/County resident, Laura Rustin/County resident, and John Guffey/Town resident. Comments have been summarized: supported the adoption of the ordinance as written; commented on the need to resist the desire to overdevelop; raised concerns that properties are inappropriately occupied; and commented on the value of community input in development decisions. Board discussion ensued regarding the timing outlined in state statutes, HB29-1093 Limitations on Local Anti-Growth Land Use Policies, importance of hearing from the community, the number of registered voters, if approved the changes could seriously impair the ability to provide housing and increase building costs, and concern was stated if the language was adopted the Town would face legal challenges. Mayor Hall closed the public hearing. It was moved and seconded (Brown/) to defer action on Ordinance 12-25 to August 12, 2025, and it died for lack of a second. It was moved and seconded (Lancaster/Hazelton) to approve Resolution 71-25 referring Ordinance 12-25 to the coordinated election with Larimer County on November 4, 2025, and it passed unanimously. 3. ORDINANCE 13-25 REPLACE ORDINANCE 07-22 CONSIDERING THE INCLUSION OF CERTAIN PROPERTIES LOCATED WITHIN THE TOWN OF ESTES PARK INTO THE MUNICIPAL SUBDISTRICT, NORTHER COLORADO WATER CONSERVANCY. Mayor Hall opened the public hearing and Special Counsel White presented Ordinance 13-25 which replaces Ordinance 07-22. The ordinance would formalize the inclusion of certain properties within town limits using the Town’s municipal water system which were inadvertently excluded in the Northern Colorado Water Conservancy Municipal Subdistrict. The Town’s municipal water system uses Windy Gap water overseen by the Northern Colorado Water Conservancy Municipal Subdistrict. The subdistrict’s rules and regulations require all properties receiving Windy Gap water to be included in the subdistrict. Staff clarified, the properties affected by the ordinance would not be required to be annexed into the Town. Mayor Hall closed the public hearing and it was moved and seconded (Younglund/Igel) to approve Ordinance 13-25, and it passed unanimously. RESOLUTION 72-25 INCREASE CONTINGENCY FOR THE PROSPECT MOUNTAIN WATER IMPROVEMENTS PROJECT. Director Bergsten stated additional funding was required to complete the Prospect Mountain Water Improvements Project due to unforseen construction and higher-than-anticipated costs, development, and water right fees. He reviewed a timeline for the project, and Manager Wesley reviewed the project status and remaining work including: disinfecting/testing/filling the tank for full service operation, establishing final connections and performing restoration on roads, yards and surfaces. Staff requested increasing the project contingency funding used by staff to authorize change orders with Wagner Construction not to exceed $11,900,000 and approve increasing total project budget to $15,800,000 to include USDA-RD funded eligible items and ineligible items such as Town labor. She reviewed the use of contingency funding and the estimated total of pending items which was calculated in the request for increase. Staff stated future adjustments to the project may be necessary to cover interim loan interest costs, remaining town tap fees, testing, and Northern Colorado Water inclusion costs once calculated. Staff confirmed, cost was isolated to the users within the improvement area only and would not have any impacts to those individuals outside of the area. There being no further discussion, it was moved and seconded (Hazelton/Younglund) to approve Resolution 72-25, and it passed unanimously. Board of Trustees – July 8, 2025 – Page 5 4. RESOLUTION 73-25 CONTINGENT AWARD OF THE SPRUCE KNOB AND CARRIAGE HILLS WATER SYSTEM CONSTRUCTION. The design for both the Spruce Knob and Carriage Hills Water System construction projects was completed in 2025. Director Bergsten stated the bid package included several bid schedules to allow the Town the ablity to select the most cost-effective options for different construction areas and to maximize available funding. Bid schedules were identified as Schedule A – Spruce Knob (Joel Estes Drive), Schedule B – Carriage Drive and Whispering Pines Drive, and Schedule C – Grey Fox Estates looping connection. He reviewed a map of the construction areas. The projects would require $1,535,763 in additional funding which staff recommended $1,615,000 be reallocated from the Strong Pump House Improvements and 18” Main Valve Installations projects. Spruce Knob property owners would be responsible for their portion of the loan payments which would be collected as a separate line item on their water bills as approved through Resolution 17-25. Staff stated the project financing was pending the State Revolving Fund (SRF) loan closing which was further pending an aproval letter from the USDA – Rural Development. Staff proposed conditionally awarding the construction contract for Schedules A, B, and C to the lowest responsive and responsible bidder in accordance with Town policy and the requirement of the USDA. The award would be conditioned on the loan closing with the Colorado Water Resources and Power Development Authority for the SRF loan and Bipartisan Infrastructure Law (BIL) principal forgiveness. The contract would be executed following the loan closing and no futher Board action would be required. Additionally, staff proposed the Town reaffirm the split of grant and principal forgiveness be based on Schedules A and B only, since Schedule C would benefit the Town’s water sytem only. Dan Jessup/Timberwolf Excavating, the low bid, was available and stated their support for the project, and their commitment to the community. Jon Smith/High Plains Excavation, second lowest bid, spoke in support of utilizing the local preference within Town policy to award the contract. Discussion ensued regarding local preference and whether the Town may be at risk of losing DOLA funding if the Town does not select the lowest responsible bidder. Board comments and questions have been summarized: Clarification on the bid schedules was requested; whether the Town could contract with a different contractor for each schedule; clarification was requested on the cost difference for users within the Carriage Hills project; value in reinvesting Town money into the community by selecting the local contractor; questioned if the Town policy requires the selection of the lowest bidder; questioned if the contract was not awarded, could the Town request the bidders extend their bid or rebid; questioned if the local bidder was selected, could the Town fund the additional costs or fund the project if DOLA rescinded the grant funding; and comments were heard regarding fiscal responsibility. It was moved and seconded (Igel/Brown) to approve Resolution 73-25 and award the contract to the local preference High Plains Excavating, and it failed with Trustee’s Brown, Hazelton, Lancaster, and Younglund voting “No”. A substitute motion was made (Hazelton/Younglund) to approve Resolution 73- 25 to award the contract to Timberwolf Excavating as presented, and it passed with Trustee Igel voting “No”. 5. RESOLUTION 74-25 REQUEST DOLA AMEND GRANT EIAF B-022 TO EXTEND THE DEADLINE FOR BROADBAND PLANNING AND IMPLEMENTATION GRANT AGREEMENT. Director Bergsten stated the DOLA funded Broadband Implementation Grant was awarded to support the expansion of fiber-optic-based broadband services within the Town of Estes Park Power & Communications service area. The project included Glen Haven, Allenspark, and Highway 36 areas. Staff stated more time was needed to develop options for the entire scope of work outlined in the original grant agreement and requested the Board approve the Mayor’s signature to request an Board of Trustees – July 8, 2025 – Page 6 extension of the grant deadline. Staff anticipated requesting DOLA to revise the scope of the project at a future meeting. It was moved and seconded (Igel/Hazelton) to approve Resolution 74-25, and it passed unanimously. It was moved and seconded (Brown/Cenac) to extend the meeting past 10:00 p.m., to complete the remainder of the agenda, and the motion passed with Trustee Igel voting “No”. REPORTS AND DISCUSSION ITEMS: 1. TRANSPORTATION ADVISORY BOARD NEXT STEPS – SUNSETTING/BYLAW REVIEW. At the June 10, 2025 meeting, the Board stated interest in discussing the sunsetting of the Transportation Advisory Board (TAB). Mayor Hall recommended forming ad-hoc committees in the future for specific transportation and other project input rather than continuing with the current Board. Board discussion has been summarized: Interest was heard in soliciting ad-hoc participation by current TAB members; considering term limits for boards and commissions; the value of unique perspectives from diverse members and the benefits of resourcing them for ad-hoc committees; ensuring clear direction for ad-hoc committees or focus groups on who they are advising and their directive; and gratitude was heard for members who commit their time on these groups. Staff would bring an action item to the next meeting for the Board to consider formal action to sunset TAB. The Board requested a study session item be added as approved/unscheduled to discuss the formation of ad-hoc committees. REQUEST TO ENTER EXECUTIVE SESSION: It was moved and seconded (Younglund/Cenac) to enter executive session to discuss purchase, acquisition, lease, transfer or sale of any real, personal, or other property interest – authorized under Section 24-6-402(4)(a), C.R.S. and for a conference with an attorney for the Board for the purposes of receiving legal advice on specific legal questions - authorized under Section 24-6-402(4)(b), C.R.S. – on the topic of Real Property Considerations for Development of Housing at the Fish Hatchery Property, and it passed unanimously. The Board entered into executive session at 10:24 p.m. and concluded the executive session at 11:24 p.m. Whereupon Mayor Hall adjourned the meeting at 11:26 p.m. Gary Hall, Mayor Bunny Victoria Beers, Deputy Town Clerk Town of Estes Park, Larimer County, Colorado July 8, 2025 Minutes of a Study Session meeting of the TOWN BOARD of the Town of Estes Park, Larimer County, Colorado. Meeting held at Town Hall in the Board Room in said Town of Estes Park on the 8th day of July, 2025. Board: Mayor Hall, Mayor Pro Tem Cenac, Trustees Brown, Hazelton, Igel, Lancaster, and Younglund Attending: All Also Attending: Town Administrator Machalek, Deputy Town Administrator Damweber, Attorney Kramer, Police Chief Stewart, and Town Clerk Williamson Absent: None Mayor Hall called the meeting to order at 4:30 p.m. CLEAVE STREET REDEVELOPMENT UPDATE. Town Administrator Machalek introduced Walt Dietrich/Whimsadoodle Inc. to present a proposal to redevelop Cleave Street. The foundation was formed to continue the late Barb Marshall’s efforts to enrich the cultural landscape of Estes Park and empower artist to thrive. Mr. Dietrich noted that Barb Marshall owned approximately 10 buildings, both residential and commercial, in and around Cleave Street. The proposal would be to collaborate with the Town as it considers the development of a parking garage on the corner of Cleave and Bighorn through the use of Town land, land owned by the Housing Authority, and properties owned by Whimsadoodle. The proposal would include retail space on the first floor, residences on the second floor would include one- and two- bedroom units, artist units, and 117 parking spaces. The corner of Cleave and Bighorn has been envisioned as a beacon drawing people to Cleave Street with space for food and beverage with outdoor seating, pop-up studio for art events, and additional retail space. A possible fourth level could add 45 parking spaces. The project would involve the three different entities working together to make the project happen. Board comments and questions were heard and have been summarized: the Board consensus was to continue to explore the project; the project could benefit the guest and resident experience and tie into the Downtown Master Plan; stated some concern with the fourth floor of parking; a rare opportunity to maximize on the limited land assets in the downtown corridor; the innovative project comes at the right time; and consideration for the architecture to include the Colorado mountain esthetic. BIG HORN PARKING STRUCTURE DESIGN UPDATE. Project Manager Pastor presented conceptual drawings of the parking structure completed by the consultant DESMAN. He noted during the pre-application meeting with Community Development several issues and concerns were raised, causing the project to pause until further information could be gathered and with additional Town Board guidance. The concerns raised included property line setback requirements for adjacent structures and right-of-way access, driveway access and spatial distancing, and pedestrian activation along Cleave Street. The setbacks along Bighorn on the east and north are required at eight (8) feet and have led to a reduction in parking spaces of approximately 12 – 15 parking spaces. The Development Code requires driveways be spaced at least 150 feet from a collector street and corner lots shall have a setback of 15 feet from the property line at the corner for a driveway or a minimum of 30 feet from the cross-street curb line, whichever may be greater. The requirements are different from the Larimer County Urban Area Street Standards (LCUASS) which are less restrictive than the current code. The code requirements would eliminate an entire level of parking from Bighorn Drive as there would be insufficient distance and grade Town Board Study Session – July 8, 2025 – Page 2 changes to meet the code and would require a variance. The Downtown Master Plan encourages pedestrian activations in any new building/designs such as incorporating windowed storefronts, landscaping, art and natural features on the ground floor. These are recommendations and not requirements. In designing for future uses of the parking garage, it was noted by Planning the bottom level would need 12 feet of clearance, the current design has planned for eight (8) feet six (6) inches. The additional height requirement would increase the height of the other levels and make entrances difficult and possibly eliminate the fourth floor due to height limits of structures downtown. The proposed design factoring in items discovered during the pre-application process and other design issues has the new garage with 110 total spaces, an increase of 55 spaces over the current parking lot. Board comments and questions were heard and summarized: noted the importance to ensure safety of pedestrians are addressed within and around the parking structure; questioned if the Board of Adjustment would have the authority to approve a variance to the spacing; questioned if staff considered digging down on Cleave Street to address the height issue; raised concern with Cleave Street becoming a pedestrian mall and the impact it would have to current businesses that use Cleave Street for access, deliveries, etc.; questioned the contract timeline with the design firm; stated the Town’s code should be closely aligned with the street standards of Larimer County; and a parking structure would spur redevelopment in the area as it would become attractive to developers. The project would remain on pause as the Town continues discussions with Whimsadoodle on a possibility of including the land as part of a larger project. WATER MASTER PLAN – COLLABORATIVE DEVELOPMENT OF TREATMENT ALTERNATIVES. Director Bergsten stated the Glacier Creek Water Treatment Plant (GCWTP) has reached its useful life. The department has been working to address next steps including a decision on moving towards one year-round treatment plant or continue to maintain two separate treatment plants. The Town utilized a process of “Constructive Controversy” to determine the direction the department should consider. The process involved two teams to represent the two concepts. The one plant team found the budgeting, facility, and building costs would be lower; one plant would assist with planning for regulator compliance; plant operators would only need to become subject matter experts for one treatment process/a single set of standard operating procedures; focused O&M; increase inventory management and ordering efficiency; require a single site for disaster-hardening; would reduce risk management planning security and safety; and less compliance reporting and single location for planning compliance upgrades. The two plant team’s finding included the importance of diversity of location; would support the existing systems; would reduce single point of failure in the water system; would emphasize the existing investments in the infrastructure; capitalize on the staff familiarity with the system; would utilize the current water rights located at each site; noted the Town’s water system continues to be the only large public water system in the area with no potential emergency connections; geographic diversity adds natural disaster protection and the use of multiple raw water sources; historical the two plants have provided reliable service to the customers; and the distribution system has been structured for the two current locations to allow for gravity flow in many parts of the system. The consensus of the two teams was the need for redundancy in supply and treatment to provide reliable service; switching back and forth with different processes and location has been challenging for operators and water quality; the existing plants’ configurations are not ideal as it relates to processes, expandability, and redundancy; and the cost to achieve high-quality and reliable service with the existing plants remains very high. The needs of the department could be met by bringing all the Town’s water rights to a single plant location; construct a new expandable plant with multiple redundant treatment trains for year-round operations; complete required improvements and maintenance at Mary’s Lake Water Treatment Plant (MLWTP) to allow for seasonal operation; and decommission the GCWTP due to the poor condition and declining functionality. The next steps would include new demand projections, completion of a Water Master Plan, develop cost estimates for improvements to the MLWTP and the proposed new plant, complete a preliminary study Town Board Study Session – July 8, 2025 – Page 3 for MLWTP raw water pipeline, initiate planning and funding for MLWTP improvements and the new plant, and initiate a rate study. Board comments and question were heard and summarized: the multiple trains at a single plant were viewed favorably; questioned the timeline for completion of a new plant; and questioned the decommissioning of the GCWTP and whether or not it would be operational for the next five (5) to eight (8) years. Staff noted the completion of a new Water Master Plan and water rate increase would be necessary before a new plant could be built. Town Administrator Machalek further noted there would be a limit on the General Funds that could be used to fund a new plant because the department functions as an enterprise fund. MLWTP would be improved while the new plant was built for true redundancy and operation year-round. Once MLWTP reaches its useful life the Town would make a determination on the need for a second plant. FUTURE STUDY SESSION AGENDA ITEMS. It was requested and determined to schedule a discussion on Childcare Licensing Regulation and Childcare Exempt Providers and a review of the Climate Action Plan for August 26, 2025. Mayor Hall brought forward a request by the KOA owner/manager to discuss a potential amendment to the wildlife code to allow exemptions for securing trash receptacles during the day. The Board consensus was to schedule the item noting education may be the first approach, the need to address the issue without making individual accommodations for businesses, and requested the Code Enforcement Officer be present for the discussion. Mayor Pro Tem Cenac commented on the need to discuss the recent change to the parking ordinance that has impacted staff at the Post Office. The Board was supportive of holding the conversation at the end of the parking season to review data collected over the course of the parking season, and to fully understand the impact the change may have had on the operations at the Post Office. The item was approved as unscheduled until after the parking season has ended in October. COMMENTS & QUESTIONS. None. There being no further business, Mayor Hall adjourned the meeting at 6:27 p.m. Jackie Williamson, Town Clerk The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees Through: Town Administrator Machalek From: Jackie Williamson, Town Clerk Department: Town Clerk Date: July 22, 2025 Subject: Estes Park Planning Commission Appointment of Julie Phares to complete the term of Jeff Robbins expiring March 31, 2026 Type: Appointment Objective: Present the Town Board Interview Committee’s recommendation to fill an open position on the Estes Park Planning Commission to complete the term of Jeff Robbins. Present Situation: Jeff Robbins submitted his resignation from the Commission earlier this year in March. He resigned his position because he moved outside of town limits. His position on the Commission was due to expire on March 31, 2026. The position was advertised beginning at the end of March and was extended in April as the Town only received one application. On July 3, 2025, the interview committee, consisting of Trustees Hazelton and Lancaster, interviewed two applicants. Community Development Director Careccia attended the interviews to provide the committee with feedback on the applicants. Proposal: The interview committee is recommending the appointment of Julie Phares to complete the term vacated by Mr. Robbins. Ms. Phares noted that she has served on a number of boards in Estes Park over the past 25 years, including President of the Estes Valley Partners for Commerce. Her resume outlines that she has a background in business management, finance, a strategic thinker, strong history of leading teams, and skillful in developing and implementing innovative strategies. She currently works for Aldrich Builders and has a working knowledge of short-term rentals as a General Manager for the previous owner of SkyRun. She noted in her application that she has a background in Real Estate, and has always tried to stay educated on the development and future of Estes Park. Advantages: Filling the position would complete the five-member board. Disadvantages: If the appointment is not made, the position would remain vacant until additional applications are received, and interviews conducted. Action Recommended: Appointment of Julie Phares to the Estes Park Planning Commission to a term expiring on March 31, 2026. Finance/Resource Impact: None. Level of Public Interest: Low. Sample Motions: I move to approve/deny the appointment of Julie Phares to the Estes Park Planning Commission for a term expiring March 31, 2026. Attachments: None. The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees Through: Town Administrator Machalek From: Jackie Williamson, Town Clerk Department: Town Clerk Date: July 22, 2025 Subject: Estes Park Board of Adjustment Appointment of Colin Godsey for a three- year term expiring March 31, 2028 Type: Appointment Objective: Present the Town Board Planning Commission Interview Committee’s recommendation to fill an open position on the Estes Park Board of Adjustment to complete a new term previously held by Joel Holtzman who’s term expired on March 31, 2025. Present Situation: The position was advertised beginning at the end of March and was extended in April as the Town did not receive any applications. On July 3, 2025, the Estes Park Planning Commission Interview Committee, consisting of Trustees Hazelton and Lancaster, interviewed two applicants for a position on the Planning Commission. Community Development Director Careccia attended the interviews to provide the committee with feedback on the applicants. Mr. Godsey was one of the applicants interviewed and had expressed interest in both the Planning Commission and the Board of Adjustment in his application. During the interview it was confirmed he continued to have an interest in both and would be willing to serve on either. The interview committee expressed an interest in recommending the appointment of Mr. Godsey to the Board of Adjustment, and requested staff contact Board of Adjustment liaison Trustee Brown to confirm his acceptance of bringing forward the recommendation to the full board rather than holding an additional interview with Mr. Godsey. Trustee Brown affirmed the recommendation made by the interview committee. Proposal: The interview committee is recommending the appointment of Colin Godsey to a new term on the Board of Adjustment. Mr. Godsey noted that he is a recent graduate of the Citizen Information Academy and has a strong interest in contributing directly to the governance and development of the town. He further stated he is a resident that abuts commercial zoning in the downtown area and has a daily, firsthand view of the practical impacts of zoning regulations and development decisions. Mr. Godsey is a software engineer and spends much of his time dealing with complex problems and looks at them from all sides to find a practical solution. He is comfortable analyzing data and evaluating systems. He noted in his cover letter his interest in the functions of planning, and stated he is eager to dedicate time and effort into serving. Advantages: Filling the position would complete the three-member board. Disadvantages: If the appointment is not made, the position would remain vacant until additional applications are received, and interviews conducted. Action Recommended: Appointment of Colin Godsey to the Estes Park Board of Adjustment to a term expiring on March 31, 2028. Finance/Resource Impact: None. Level of Public Interest: Low. Sample Motions: I move to approve/deny the appointment of Colin Godsey to the Estes Park Board of Adjustment for a term expiring March 31, 2028. Attachments: None. The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees Through: Town Administrator Machalek From: Jacqueline Wesley, P.E., Capital Projects Manager R. Bergsten, Utilities Director Department: Utilities Date: July 22, 2025 Subject: Resolution 29-25 Amendment to an Agreement with AE2S to add General Services for Spruce Knob and Carriage Hills Water Systems Improvement Project $219,930 - Budgeted Type: Resolution Objective: Our objective is to add support for General Services During Construction to the existing design and bidding phase serviced contract with the engineer of record, Advanced Engineering and Environmental Services, LLC (AE2S). Present Situation: AE2S was contracted through Resolution 91-23 to design and help publish the Carriage Hills Water System Improvements bid package. We anticipate awarding the construction contract this summer. Staff require general services support during construction. The Design firm’s depth of understanding of the design and its intent facilitates the resolution of construction questions submittals; therefore, we typically retain the design firm for construction support. Construction phase support includes the following services: (a) review of the contractor’s equipment and materials submittals, (b) answer questions related to the design and other technical elements of the project that may develop during construction, IThe Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), is a $1.2 trillion federal infrastructure bill signed into law on November 2021, investing in roads, bridges, public transit, broadband, water infrastructure, and more. (c) support the Town in reviewing the work completed by the contractor for conformance with the design intent, (d) review the contractors pay applications and schedules, and (e) support change order negotiations. The Water Division successfully obtained a $1.0 million DOLA (Colorado Department of Local Affairs) grant and a $5 million low-interest rate loan with $1.5 million in principal forgiveness (3.5 M final loan amount) through the State Revolving Fund and BIL/IIJA, see Town Board approval at their February 25, 2025, board meeting. AE2S will also support the Town in meeting the federal and state reporting obligations tied to the generous DOLA grant and federal BIL/IIJA low-interest loan and principal forgiveness. Proposal: We propose that the Town Board approve the amendment of AE2S’s contract, adding General Services During Construction for $219,930. Advantages: • Allows for construction support from the design firm of record, AE2S • Provides additional expertise that helps staff oversee the entire project, from public communications, addressing customer concerns, and technical construction oversight including the means and methods to ensure a quality finished product. Disadvantages: • The additional consulting phase costs to fund the construction phase services; however, hiring multiple full-time staff to cover each specialized technical expertise required for the project’s relatively short duration would increase ongoing operations costs. Action Recommended: Staff recommends approval of the Resolution authorizing AE2S’s agreement amendment. Finance/Resource Impact: 503-7000-580.35-54, Water Fund, $219,930, $8.27 project budget pending annual rollover; $7.5M available for the $219,930 as of 4-29-2025 Future Ongoing Impacts: improved fire protection in the area; IThe Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), is a $1.2 trillion federal infrastructure bill signed into law on November 2021, investing in roads, bridges, public transit, broadband, water infrastructure, and more. Operational costs: a reduction in overtime from decreased in emergency leak repairs. Level of Public Interest: Low Sample Motion: This item is on consent. If it is removed from consent, the following sample motion can be made by any Trustee agreeing with the Resolution: I move for the approval/denial of Resolution 29-25 Attachments: 1. Resolution 29-25 2. AE2S Contract Amendment 3. AE2S Amendment Scope of Work 4. Original agreement RESOLUTION 29-25 A RESOLUTION APPROVING AN AMENDMENT TO THE PROFESSIONAL ENGINEERING SERVICES AGREEMENT WITH AE2S LLC TO ADD GENERAL SERVICES DURING CONSTRUCTION FOR THE CARRIAGE HILLS AND SPRUCE KNOB WATER SYSTEMS IMPROVEMENT PROJECT WHEREAS, Resolution 91-23 approved the professional services contract to design improvements to the Carriage Hills water system with Advanced Engineering and Environmental Services, LLC (“Contract”); and WHEREAS, the Town entered the Contract on October 25, 2023; and WHEREAS, the Town desires professional services support during construction to administer the State Revolving Fund and Department of Local Affairs funding sources and administrative reporting. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: The Board approves, and authorizes the Mayor to sign, the professional services contract amendment referenced in the title of this resolution in substantially the form now before the Board. . DATED this day of , 2025. TOWN OF ESTES PARK Mayor ATTEST: Town Clerk APPROVED AS TO FORM: Town Attorney ATTACHMENT 1 PROFESSIONAL SERVICES CONTRACT AMENDMENT NO. 1 Carriage Hills Water System Improvements The parties, the Town of Estes Park, Colorado (Town), a municipal corporation, and Advanced Engineering and Environmental Services LLC (Consultant or Contractor), whose address is 9635 Maroon Circle, Suite 210, Englewood, CO 80112, make this Contract Amendment (Amendment) this __________ day of April, 2025, at the Town of Estes Park, Colorado, considering the following facts and circumstances: 1 RECITALS: 1.1 Town and Contractor entered into a Professional Services Contract on the 25th day October, 2023, for design and bidding services for the Carriage Hills Water Systems Improvement project (Contract). 1.2 The Contract has not yet been amended. 2 AMENDMENT: Town and Contractor hereby amend the Contract to add the scope of services, time, and compensation as provided in the proposal submitted by the Consultant dated March 13, 2025, entitled “Re: Carriage Hills Water System Improvements – 2025 and 2026 Construction Services,” consisting of three pages, for Phases 1 and 2. 3 PROVISIONS CONTINUE IN EFFECT: All provisions of the Contract remain in full force and effect. All provisions of the Contract relating to the interpretation or application of the Contract shall apply equally to this Amendment as though fully set forth herein. This instrument forms a contract only when executed in writing by duly authorized representatives of Town and Contractor. By their signatures on this document, the signatories represent that they have actual authority to enter this Contract for the respective parties. Signature pages follow. ATTACHMENT 2 Page 2 of 3 CONTRACTOR By: Title: _______________________________ STATE OF ) ) ss: COUNTY OF ) The foregoing instrument was acknowledged before me this __________ day of ____________________, 2025, by ______________________________, as _____________________________ of ______________________________, Contractor. (If by natural person or persons, insert name or names; if by person acting in representative or official capacity or as attorney-in-fact, insert name of person as an executor, attorney-in-fact, or other capacity or description; if by officer of corporation, insert name of such officer or officers as the President or other officers of such corporation, naming it.) Witness my hand and official seal. My Commission Expires . Notary Public Page 3 of 3 TOWN OF ESTES PARK By: Title: _______________________________ State of ) ) ss: County of ) The foregoing instrument was acknowledged before me by , as of the Town of Estes Park, a Colorado municipal corporation, on behalf of the corporation, this day of , 2025. Witness my hand and official Seal. My Commission expires . Notary Public APPROVED AS TO FORM: Town Attorney March 13, 2025 Town of Estes Park Ms. Jacqui Wesley, PE Project Manager - Utilities 170 MacGregor Avenue Estes Park, CO 80517 Re: Carriage Hills Water System Improvements – 2025 and 2026 Construction Services for Phases 1 and 2 Dear Jacqui: In follow-up to our design and bidding phase services provided for the Carriage Hills Water System Improvements project, we are pleased to submit this Scope of Services and Fee for Construction Services in 2025 and 2026 for Phases 1 and 2 of the project for the Town of Estes Park. AE2S Construction Services consists of performing construction contract administration and limited as-needed construction inspection/observation support services on the project. A detailed breakdown of our proposed scope of work is as follows: Task 5 – Construction Contract Administration Services for Phases 1 and 2 in 2025 and 2026 1.Conduct Pre-Construction Meeting (prepare meeting agenda and after meeting notes). 2.Review material and equipment Shop Drawings and Operation and Maintenance Manuals and distribute disposition of all submittals. 3.Interpret the Contract Documents (drawings and specifications) and answer questions. 4.Provide support and coordination to the Town’s on-site Resident Project Representative. 5.Coordinate Geotechnical Services for material, trench backfill and pavement compaction and compliance testing. 6.Review and process up to sixteen (16) Contractor monthly Pay Applications, confirming wage rate compliance. 7.Provide Loan and Grant Funding Administration and Reporting. 8.Process Change Orders. 9.Attend up to fifty-four (54) weekly as needed construction coordination and progress Meetings with the Town and Contractor via Teams, (prepare meeting agenda and after meeting notes). 10.Perform Substantial and Final Completion Inspections and prepare Punch List. 11.Review and finalize project Closeout Documents. 12.Prepare Record As-Constructed Drawings. 13.Project Management including staff resources guidance and allocation, monthly invoicing, status reports, and bi-weekly internal progress meetings. ATTACHMENT 3 Town of Estes Park Carriage Hills Water System Improvements – 2025 Construction Services for Phases 1 and 2 Page 2 of 2 Task 6 – Construction Inspection/Observation Services for Phases 1 and 2 in 2025 and 2026 Construction inspection and observation services by AE2S are proposed to be provided on an as-needed as requested hourly basis. Currently fourteen (14) one-day inspection trips are scheduled to take place over the course of the Contractors anticipated 56-week construction period. The actual number of inspection/observation trips and services will be based on the Contractor’s actual construction schedule and the required and needed construction inspection/observation support needed and requested by the Town. Construction Inspection/Observation Services occur concurrently with the Construction Contract Administration Services. Project Schedule We are estimating an overall 64-week period for project execution for the Construction Contract Administration Services in 2025 and 2026 (not including a winter shut-down period) for Phases 1 and 2 construction of the Carriage Hills Water System Improvements, including a 56 week period for Construction Inspection/Observation services. Engineering Fees Attached is our detailed Engineering Scope of Services and Fee Spreadsheet that outlines the scope of services to be provided, the estimated time required for each task, and our estimated engineering services fee for these services. The engineering services fee identified for the work is based on current hourly salary rates we have in place with the Town, plus expenses. Only salary and expense costs will be billed. As identified earlier, we plan to provide as-needed inspection/observation services as requested by the Town and have currently budgeted for fourteen one-day inspection/observation trips, one anticipated to occur every 4 weeks. Please contact me at 303-949-7187 or David.Vidikan@ae2s.com if you have any questions or would like to discuss our proposed scope of construction services. We look forward to performing this work for the Town. Sincerely, AE2S David C. Vidikan, PE Senior Project Manager Attachments: AE2S Engineering Scope of Services and Fee Spreadsheet 3/12/2025 TASK NO TASK DESCRIPTION Sr. Project Manager 2 Engineer 4 Engineer 2 RPR CAD Technician Sr. Designer 1 Project Coordinator 1 Administration TOTAL TOTAL TRAVEL DIRECT TOTAL TOTAL HOURS LABOR EXPENSES SUB- CONSULTANT EXPENSES EXPENSES EXPENSES COST Duration (weeks)START FINISH Vidikan Mehrens Blewett Hohn Kornbrust 2025 Billing Rate:$290.00 $196.00 $162.00 $188.00 $84.00 2026 Billing Rate:$302.00 $204.00 $168.00 $196.00 $125.00 TASK 5 - CONSTRUCTION CONTRACT ADMINISTRATION SERVICES IN 2025 FOR PHASES 1 AND 2 64 5/27/25 64 Weeks Phases 1 and 2 - Construction Contract Administration Services 1 Conduct Pre-Construction Meeting (Prepare Agenda and Meeting Notes)10 4 12 2 28 $5,796 $400 $30 $430 $6,226 2 Review Material and Equipment Shop Drawings and O&M Manuals 8 40 48 $8,800 $50 $50 $8,850 3 Interpret Contract Documents and Answer Questions 16 8 144 168 $29,536 $170 $170 $29,706 4 Resident Project Representative Coordination and Support 24 56 80 $16,032 $80 $80 $16,112 5 Coordinate Geotechnical Services for Material, Backfill and Pavement Compaction and Compliance Testing 2 4 6 $1,228 $10 $10 $1,238 6 Review Sixteen (16) Contractor Monthly Pay Requests and confirm Wage Rate Compliance 16 32 16 64 $11,168 $65 $65 $11,233 7 Loan and Grant Funding Administration and Reporting 64 64 $12,544 $65 $65 $12,609 8 Process Change Orders 16 40 8 64 $11,792 $65 $65 $11,857 9 Attend Fifty-Four (54) Weekly Progress Meetings Via Teams (Prepare Agenda and Distributed Meeting Notes)54 108 162 $33,156 $160 $160 $33,316 10 Perform Substantial and Final Completion Inspections and Prepare Punch List 16 32 2 50 $9,992 $50 $50 $10,042 11 Review and Finalize Project Closeout Documents 4 8 4 16 $2,792 $15 $15 $2,807 12 Prepare Record Drawings 2 40 80 1 123 $22,184 $125 $125 $22,309 13 Project Management including Staff Resource Guidance and Allocation, Monthly Invoicing and Status Reports, Bi-Weekly Internal Progress Meetings 64 64 $18,560 $65 $65 $18,625 Phase 5 - Total Hours and Costs 232 76 516 80 33 937 $183,580 $400 $0 $950 $1,350 $184,930 64 5/27/25 TASK 6 - CONSTRUCTION INSPECTION / OBSERVATION SERVICES IN 2025 FOR PHASES 1 AND 2 56 6/25/25 54 Weeks 1 2025 Phases 1 and 2 - Construction Inspection / Observation Services (One Trip Every 4 Weeks = 7 Trips)70 70 $13,720 $2,800 $700 $3,500 $17,220 2 2026 Phases 1 and 2 - Construction Inspection / Observation Services (One Trip Every 4 Weeks = 7 Trips)70 70 $14,280 $2,800 $700 $3,500 $17,780 Phase 6 - Total Hours and Costs 0 140 0 0 0 140 $28,000 $5,600 $0 $1,400 $7,000 $35,000 56 6/25/25 TOTAL PROJECT HOURS 232 216 516 80 33 1,077 TOTAL PROJECT COSTS 64,728 40,608 70,692 14,480 2,673 $211,580 $6,000 $0 $2,350 $8,350 $219,930 Deliverable to Town of Estes Park Meeting with Town of Estes Park TOWN OF ESTES PARK CARRAGE HILLS WATER SYSTEM IMPROVEMENTS - PHASES 1 AND 2 ENGINEERING SCOPE OF SERVICES AND FEE SPREADSHEET LEVEL OF EFFORT (LABOR)EXPENSES SCHEDULE 2025 AND 2026 CONSTRUCTION SERVICES AE2S 1 of 1 ATTACHMENT 4 The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo Through: Town Administrator Machalek From: Trevor Wittwer, PE, Town Engineer Department: Public Works Department Date: Subject: Type: July 22, 2025 Resolution 75-25 Intergovernmental Agreement with Colorado Department of Transportation for Fiscal Year 2020 State of Colorado Senate Bill 267 Grant Funding to Redesign the Visitor Center Parking Lot (CDOT PO #491003941). $136,845. Budgeted. Resolution Objective: Public Works staff seek Town Board approval for this Intergovernmental Agreement (IGA) with the Colorado Department of Transportation (CDOT) for the purpose of accepting 2020 State of Colorado Senate Bill (SB) 267 grant funding to redesign the surface parking lot and landscaped area surrounding the Estes Park Visitor Center (500 Big Thompson Avenue). Present Situation: In December 2019, CDOT requested that Public Works staff provide a high-level listing of possible transit capital projects that might benefit from SB 267 funding. SB 267 set aside $1.7 billion in State of Colorado grant funding to support mobility, safety and rural pavement projects from Fiscal Year 2020 to 2024. In response to CDOT’s request, several Public Works divisions (Parking & Transit, Engineering, and Facilities) collaborated on a spreadsheet with project descriptions, ease of implementation and rough cost estimates. This spreadsheet was submitted to CDOT in December 2019 and, upon request from CDOT, updated several times in spring and summer 2020. Among the projects included in this list was a redesign of the Visitor Center parking lot. In September 2020, CDOT notified Public Works of a $1,029,504 award through the SB 267 program to redesign the Visitor Center parking lot. CDOT indicated that this project had been selected due to the lot’s proximity to US 34, US 36, Hwy 7, and the Town’s parking structure, which means the lot naturally serves as a transit hub for the Town, Rocky Mountain National Park, and Bustang. The proposed improvements for this project include a newly designed layout for the Visitor Center parking lot, which would identify preferred locations for vehicle parking and bus layover; bus loading/unloading zones (for the Town’s free shuttles, Rocky Mountain National Park Hiker Shuttle and Bustang to Estes); shuttle stops; ride-share drop-off/pick-up locations; pedestrian circulation; electric vehicle infrastructure; bicycle circulation and parking; and visitor-serving amenities including landscaping, placemaking features, lighting, wayfinding, and informational signage. The grant agreement before the Board this evening is only for the remaining design portion of the project, a total of $136,845. This grant agreement was received in April 2022 after negotiations between Town and CDOT staff on project timing and local match requirements. A separate grant agreement with CDOT for construction will be brought to the Town Board upon completion of the design phase. Due to time constraints and signing authority, an extension of this agreement in December of 2024 could not be executed prior to the expiration date of December 31, 2024. This new agreement was created by CDOT which accounts for the funds already spent and reimbursed under the original expired agreement. Proposal: Public Works staff recommend Town Board approval of the grant agreement with CDOT for SB 267 grant funding to redesign the surface parking lot and landscaped area surrounding the Estes Park Visitor Center. Town Engineer Wittwer will manage the project with assistance from Parking & Transit Manager Klein. Advantages: • This project is in line with the defined purpose of Senate Bill 267 to support transportation projects in Colorado with a specific focus on rural communities. • This project would address increased transit vehicle traffic in the Visitor Center parking area that would improve the vehicular flow and safety of a busy public parking area. • Transitioning the parking lot into a mobility hub – focused on modes beyond single- occupancy vehicles like transit buses, bicycles and pedestrians – will benefit several stakeholders including residents, visitors, local tour operators, and bus drivers. Disadvantages: • Acceptance of grant funding is accompanied with additional administrative burdens; however, Town staff have recent experience managing a State grant of this type. • Acceptance of grant funding always comes with risk that the project will not go as planned; however, Town staff have a good working relationship with CDOT and will actively work to identify and mitigate any challenges that may arise. Action Recommended: Public Works staff respectfully request that the Board authorize execution of the proposed grant agreement with CDOT for the purpose of accepting 2020 State of Colorado Senate Bill 267 grant funding to redesign the surface parking lot and landscaped area surrounding the Estes Park Visitor Center. Finance/Resource Impact: For the design portion of the SB 267 project, the financial impact to the Town is as follows: SB 267 grant funds – design only: $ 109,476 Matching Town funds – design only (budgeted): $ 27,369 Total project cost – design only: $ 136,845 The Town’s local match has been identified in Streets Improvement 1A (Fund 260) through a reallocation of funds that were already identified for parking lot resurfacing work. Current Impact: 260-2000-420.35-52 1A Streets, $136,845 expenditure, $1,179,826 available budget as of 6-30-25. Future Ongoing Impacts: Future ongoing expenditures on the design of this parking lot are not expected to be impacted by this expenditure. Future One Time Impacts: This is not expected to significantly impact future one time costs. Level of Public Interest: Public interest in this item is likely low at this time; however, staff anticipate a robust community engagement process during project design. The Transportation Advisory Board has been receiving updates on this project at their regular monthly meetings and will be engaged with design. Sample Motion: I move for the approval/denial of Resolution 75-25. Attachments: 1. Resolution 75-25 2. CDOT IGA RESOLUTION 75-25 APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH COLORADO DEPARTMENT OF TRANSPORATION FOR FISCAL YEAR 2020 STATE OF COLORADO SENATE BILL 267 GRANT FUNDING TO REDESIGN THE VISITOR CENTER PARKING LOT WHEREAS, the Town Board desires to enter the intergovernmental agreement referenced in the title of this resolution for the purpose of accepting 2020 State of Colorado Senate Bill 267 grant funding to redesign the surface parking lot and landscaped area surrounding the Estes Park Visitor Center; and WHEREAS, the project will support the goals of the Statewide Transit Plan. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: The Board approves, and authorizes the Mayor to sign, the intergovernmental agreement referenced in the title of this resolution in substantially the form now before the Board. DATED this day of , 2025. TOWN OF ESTES PARK Mayor ATTEST: Town Clerk APPROVED AS TO FORM: Town Attorney ATTACHMENT 1 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 1 of 26 STATE OF COLORADO GRANT AGREEMENT COVER PAGE State Agency Department of Transportation Agreement Number/PO Number 25-HTR-ZL-00229 / 491003941 Grantee Town of Estes Park Agreement Performance Beginning Date The Effective Date Initial Agreement Expiration Date December 31, 2026 Grant Agreement Amount Initial Term Fund Expenditure End Date December 31, 2026 SB-267 Funds Maximum Amount Total for all Agreement Terms $109,476.00 $109,476.00 Agreement Authority Authority to enter into this Agreement exists in CRS §§43-1-106, 43-1-110, 43-1-117, 43-2- 101(4)(c), 43-4-811(2), SB18-001, SB17-228 and SB17-267. Agreement Purpose Senate Bill 17-267 "Concerning the Sustainability of Rural Colorado" authorizes funding to be used for this project. Exhibits and Order of Precedence The following Exhibits and attachments are included with this Agreement: 1.Exhibit A, Statement of Work and Budget. 2.Exhibit B, Sample Option Letter. 3.Exhibit C, Title VI-Civil Rights. In the event of a conflict or inconsistency between this Agreement and any Exhibit or attachment, such conflict or inconsistency shall be resolved by reference to the documents in the following order of priority: 1.Exhibit C, Title VI-Civil Rights. 2.Colorado Special Provisions in §17 of the main body of this Agreement. 3.The provisions of the other sections of the main body of this Agreement. 4.Exhibit A, Statement of Work and Budget. 5. Executed Option Letters (if any). Principal Representatives For the State: Brian Saller Division of Transit and Rail 2829 W. Howard Place Denver, CO 80204 brian.saller@state.co.us For Grantee: Dana Klein Town of Estes Park PO Box 1200 Estes Park, CO 80517 dklein@estes.org Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 ATTACHMENT 2 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 2 of 26 SIGNATURE PAGE THE PARTIES HERETO HAVE EXECUTED THIS AGREEMENT Each person signing this Agreement represents and warrants that the signer is duly authorized to execute this Agreement and to bind the Party authorizing such signature. Grantee Signature Town of Estes Park By:_________________________ Name:_____Gary Hall_______ Title:____Mayor (or Designee)____ Date: _________________________ STATE OF COLORADO Jared S. Polis, Governor Department of Transportation Shoshana M. Lew, Executive Director By: ___________________________ Name: ________________________ Title: __________________________ Date: __________________________ 2nd Grantee Signature – Town Attorney By:_______________________ Name:____Dan Kramer__________ Title:_____Town Attorney________ Date: _________________________ 3rd Grantee Signature – Town Clerk By:_________________________ Name:____Jackie Williamson______ Title:_____Town Clerk___________ Date: _________________________ In accordance with §24-30-202, C.R.S., this Agreement is not valid until signed and dated below by the State Controller or an authorized delegate. STATE CONTROLLER Robert Jaros, CPA, MBA, JD ___________________________________________ By: Department of Transportation Effective Date:_____________________ Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 3 of 26 TABLE OF CONTENTS 1. PARTIES................................................................................................................................................. 3 2. TERM AND EFFECTIVE DATE .......................................................................................................... 3 3. DEFINITIONS ........................................................................................................................................ 4 4. STATEMENT OF WORK ...................................................................................................................... 6 5. PAYMENTS TO GRANTEE ................................................................................................................. 6 6. REPORTING - NOTIFICATION ........................................................................................................... 7 7. GRANTEE RECORDS ........................................................................................................................... 8 8. CONFIDENTIAL INFORMATION - STATE RECORDS .................................................................... 9 9. CONFLICTS OF INTEREST ............................................................................................................... 10 10. INSURANCE ........................................................................................................................................ 10 11. BREACH OF AGREEMENT ............................................................................................................... 12 12. REMEDIES ........................................................................................................................................... 12 13. DISPUTE RESOLUTION .................................................................................................................... 13 14. NOTICES and REPRESENTATIVES .................................................................................................. 13 15. RIGHTS IN WORK PRODUCT AND OTHER INFORMATION ...................................................... 14 16. GENERAL PROVISIONS .................................................................................................................... 14 17. COLORADO SPECIAL PROVISIONS (COLORADO FISCAL RULE 3-3) ..................................... 16 1. PARTIES This Agreement is entered into by and between Grantee named on the Cover Page for this Agreement (the “Grantee”), and the STATE OF COLORADO acting by and through the State agency named on the Cover Page for this Agreement (the “State”). Grantee and the State agree to the terms and conditions in this Agreement. 2. TERM AND EFFECTIVE DATE A. Effective Date This Agreement shall not be valid or enforceable until the Effective Date, and the Grant Funds shall be expended by the Fund Expenditure End Date shown on the Cover Page for this Agreement. The State shall not be bound by any provision of this Agreement before the Effective Date, and shall have no obligation to pay Grantee for any Work performed or expense incurred before the Effective Date, except as described in §5.D, or after the Fund Expenditure End Date. If the Work will be performed in multiple phases , the period of performance start and end date of each phase is detailed under the Project Schedule in Exhibit A. B. Initial Term The Parties’ respective performances under this Agreement shall commence on the Agreement Performance Beginning Date shown on the Cover Page for this Agreement and shall terminate on the Initial Agreement Expiration Date shown on the Cover Page for this Agreement (the “Initial Term”) unless sooner terminated or further extended in accordance with the terms of this Agreement. C. Extension Terms - State’s Option The State, at its discretion, shall have the option to extend the performance under this Agreement beyond the Initial Term for a period, or for successive periods, of one year or less at the same rates and under the same terms specified in this Agreement (each such period an “Extension Term”). In order to exercise this option, the State shall provide written notice to Grantee in a form substantially equivalent to Sample Option Letter attached to this Agreement. D. End of Term Extension If this Agreement approaches the end of its Initial Term, or any Extension Term then in place, the State, at its discretion, upon written notice to Grantee in a form substantially equivalent to the Sample Option Letter attached to this Agreement, may unilaterally extend such Initial Term or Extension Term for a period not to exceed two months (an “End of Term Extension”), regardless of whether additional Extension Terms are available or not. The provisions of this Agreement in effect when such notice is given shall remain in effect during the End of Term Extension. The End of Term Extension shall automatically terminate upon execution of a replacement Agreement or modification extending the total term of this Agreement . Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 4 of 26 E. Early Termination in the Public Interest The State is entering into this Agreement to serve the public interest of the State of Colorado as determined by its Governor, General Assembly, or Courts. If this Agreement ceases to further the public interest of the State, the State, in its discretion, may terminate this Agreement in whole or in part. A determination that this Agreement should be terminated in the public interest shall not be equivalent to a State right to terminate for convenience. This subsection shall not apply to a termination of this Agreement by the State for Breach of Agreement by Grantee, which shall be governed by §12.A.i. i. Method and Content The State shall notify Grantee of such termination in accordance with §14. The notice shall specify the effective date of the termination and whether it affects all or a portion of this Agreement, and shall include, to the extent practicable, the public interest justification for the termination. ii. Obligations and Rights Upon receipt of a termination notice for termination in the public interest, Grantee shall be subject to the rights and obligations set forth in §12.A.i.a. iii. Payments If the State terminates this Agreement in the public interest, the State shall pay Grantee an amount equal to the percentage of the total reimbursement payable under this Agreement that corresponds to the percentage of Work satisfactorily completed and accepted, as determined by the State, less payments previously made. Additionally, if this Agreement is less than 60% completed, as determined by the State, the State may reimburse Grantee for a portion of actual out -of-pocket expenses, not otherwise reimbursed under this Agreement, incurred by Grantee which are directly attributable to the uncompleted portion of Grantee’s obligations, provided that the sum of any and all reimbursement shall not exceed the Grant Maximum Amount payable to Grantee hereunder. F. Grantee’s Termination Under State Requirements Grantee may request termination of this Grant by sending notice to the State, which includes the reasons for the termination and the effective date of the termination. If this Grant is terminated in this manner, then Grantee shall return any advanced payments made for work that will not be performed prior to the effective date of the termination. 3. DEFINITIONS The following terms shall be construed and interpreted as follows: A. “Agreement” means this agreement, including all attached Exhibits, all documents incorporated by reference, all referenced statutes, rules and cited authorities, and any future modifications thereto. B. “Breach of Agreement” means the failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Grantee, or the appointment of a receiver or similar officer for Grantee or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Grantee is debarred or suspended under §24-109-105, C.R.S., at any time during the term of this Agreement, then such debarment or suspension shall constitute a breach. C. “Budget” means the budget for the Work described in Exhibit A. D. “Business Day” means any day other than Saturday, Sunday, or a legal holiday as listed in §24 -11-101(1), C.R.S. E. “CORA” means the Colorado Open Records Act, §§24 -72-200.1, et seq., C.R.S. F. “Deliverable” means the outcome to be achieved or output to be provided, in the form of a tangible or intangible Good or Service that is produced as a result of Grantee’s Work that is intended to be delivered by Grantee. G. “Effective Date” means the date on which this Agreement is approved and signed by the Colorado State Controller or designee, as shown on the Signature Page for this Agreement. H. “End of Term Extension” means the time period defined in §2.D. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 5 of 26 I. “Exhibits” means the exhibits and attachments included with this Agreement as shown on the Cover Page for this Agreement. J. “Extension Term” means the time period defined in §2.C. K. “Goods” means any movable material acquired, produced, or delivered by Grantee as set forth in this Agreement and shall include any movable material acquired, produced, or delivered by Grantee in connection with the Services. L. “Grant Funds” means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Agreement. M. “Grant Maximum Amount” means an amount equal to the total of Grant Funds for this Agreement. N. “Incident” means any accidental or deliberate event that results in or constitutes an imminent threat of the unauthorized access, loss, disclosure, modification, disruption, or destruction of any communications or information resources of the State, which are included as part of the Work, as described in §§24-37.5-401, et seq., C.R.S. Incidents include, without limitation (i) successful attempts to gain unauthorized access to a State system or State Records regardless of where such information is located; (ii) unwanted disruption or denial of service; (iii) the unauthorized use of a State system for the processing or storage of data; or (iv) changes to State system hardware, firmware, or software characteristics without the State’s knowledge, instruction, or consent. O. “Initial Term” means the time period defined in §2.B. P. “Matching Funds” (Local Funds) means the funds provided by Grantee as a match required to receive the Grant Funds. Q. “Party” means the State or Grantee, and “Parties” means both the State and Grantee. R. “PII” means personally identifiable information including, without limitation, any information maintained by the State about an individual that can be used to distinguish or trace an individual’s identity, such as name, social security number, date and place of birth, mother‘s maiden name, or biometric records. PII includes, but is not limited to, all information defined as personally identifiable information i n §§24-72-501 and 24- 73-101, C.R.S. S. “Services” means the services to be performed by Grantee as set forth in this Agreement, and shall include any services to be rendered by Grantee in connection with the Goods. T. “State Confidential Information” means any and all State Records not subject to disclosure under CORA. State Confidential Information shall include, but is not limited to PII, and State personnel records not subject to disclosure under CORA. State Confidential Information shall not include in formation or data concerning individuals that is not deemed confidential but nevertheless belongs to the State, which has been communicated, furnished, or disclosed by the State to Grantee which (i) is subject to disclosure pursuant to CORA; (ii) is already known to Grantee without restrictions at the time of its disclosure to Grantee; (iii) is or subsequently becomes publicly available without breach of any obligation owed by Grantee to the State; (iv) is disclosed to Grantee, without confidentiality obligations, by a third party who has the right to disclose such information; or (v) was independently developed without reliance on any State Confidential Information. U. “State Fiscal Rules” means the fiscal rules promulgated by the Colorado State Controller pursuant to §24- 30-202(13)(a), C.R.S. V. “State Fiscal Year” means a 12 month period beginning on July 1 of each calendar year and ending on June 30 of the following calendar year. If a single calendar year follows the term, then it means the State Fiscal Year ending in that calendar year. W. “State Records” means any and all State data, information, and records, regardless of physical form. X. “Subcontractor” means any third party engaged by Grantee to aid in performance of the Work. “Subcontractor” also includes sub-grantees of Grant Funds. Y. “Work” means the Goods delivered and Services performed pursuant to this Agreement. Z. “Work Product” means the tangible and intangible results of the Work, whether finished or unfinished, including drafts. Work Product includes, but is not limited to, documents, text, software (including source code), research, reports, proposals, specifications, plans, notes, studies, data, images, photographs, negatives, pictures, drawings, designs, models, surveys, maps, materials, ideas, concepts, know-how, information, and Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 6 of 26 any other results of the Work. “Work Product” does not include any material that was developed prior to the Effective Date that is used, without modification, in the performance of the Work. Any other term used in this Agreement that is defined elsewhere in this Agreement or in an Exhibit shall be construed and interpreted as defined in that section. 4. STATEMENT OF WORK Grantee shall complete the Work as described in this Agreement and in accordance with the provisions of Exhibit A. The State shall have no liability to compensate Grantee for the delivery of any goods or the performance of any services that are not specifically set forth in this Agreement. 5. PAYMENTS TO GRANTEE A. Grant Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Grant Maximum Amount for that State Fiscal Year shown on the Cover Page of this Agreement as “SB-267 Funds Maximum Amount”. B. Payment Procedures i. Invoices and Payment a. The State shall pay Grantee in the amounts and in accordance with the conditions set forth in Exhibit A. b. Grantee shall initiate payment requests by invoice to the State, in a form and manner approved by the State. c. Any advance payment allowed under this Agreement, shall comply with State Fiscal Rules and be made in accordance with the provisions of this Agreement and its Exhibits. Eligibility and submission for advance payment is subject to State approval and must include approved documentation in the form and manner set forth and approved by the State. d. The State shall pay each invoice within 45 days following the State’s receipt of that invoice, so long as the amount invoiced correctly represents Work completed by Grantee and previously accepted by the State during the term that the invoice covers. If the State determines that the amount of any invoice is not correct, then Grantee shall make all changes necessary to corre ct that invoice. e. The acceptance of an invoice shall not constitute acceptance of any Work performed or Deliverables provided under this Agreement. ii. Interest Amounts not paid by the State within 45 days of the State’s acceptance of the invoice shall b ear interest on the unpaid balance beginning on the 45th day at the rate of 1% per month, as required by §24 -30- 202(24)(a), C.R.S., until paid in full; provided, however, that interest shall not accrue on unpaid amounts that the State disputes in writing. Grantee shall invoice the State separately for accrued interest on delinquent amounts, and the invoice shall reference the delinquent payment, the number of days’ interest to be paid and the interest rate. iii. Payment Disputes If Grantee disputes any calculation, determination or amount of any payment, Grantee shall notify the State in writing of its dispute within 30 days following the earlier to occur of Grantee’s receipt of the payment or notification of the determination or calculation of the payment by the State. The State will review the information presented by Grantee and may make changes to its determination based on this review. The calculation, determination or payment amount that results from the State’s review shall not be subject to additional dispute under this subsection. No payment subject to a dispute under this subsection shall be due until after the State has concluded its review, and the State shall not pay any interest on any amount during the period it is subject to dispute under this subsection. iv. Available Funds-Contingency-Termination The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Grantee beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Grant Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non -State funds constitute all or some of the Grant Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 7 of 26 Funds, the State’s obligation to pay Grantee shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Grant Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Grant Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.E. C. Matching Funds Grantee shall provide Matching Funds as provided in §5.A and Exhibit A. Grantee shall have raised the full amount of Matching Funds prior to the Effective Date and shall report to the State regarding the stat us of such funds upon request. Grantee’s obligation to pay all or any part of any Matching Funds, whether direct or contingent, only extends to funds duly and lawfully appropriated for the purposes of this Agreement by the authorized representatives of Grantee and paid into Grantee’s treasury or bank account. Grantee represents to the State that the amount designated “Grantee’s Matching Funds” in Exhibit A has been legally appropriated for the purposes of this Agreement by its authorized representatives and paid into its treasury or bank account. Grantee does not by this Agreement irrevocably pledge present cash reserves for payments in future fiscal years, and this Agreement is not intended to create a multiple-fiscal year debt of Grantee. If Grantee is a public entity, Grantee shall not pay or be liable for any claimed interest, late charges, fees, taxes or penalties of any nature, except as required by Grantee’s laws or policies . D. Reimbursement of Grantee Costs i. Any costs incurred by Grantee prior to the Effective Date shall not be reimbursed. ii. The State shall reimburse Grantee’s allowable costs, not exceeding the Grant Maximum Amount shown on the Cover Page of this Agreement and on Exhibit A for all allowable costs described in this Agreement and shown in Exhibit A, except that Grantee may adjust the amounts between each line item of Exhibit A without formal modification to this Agreement as long as the Grantee provides notice to the State of the change, the change does not modify the Grant Maximum Amount of this Agreement or the Grant Maximum Amount for any State Fiscal Year, and the change does not modify any requirements of the Work. iii. The State shall only reimburse allowable costs described in this Agreement and shown in the Budget if those costs are: a. Reasonable and necessary to accomplish the Work and for the Goods and Services provided; and b. Equal to the actual net cost to Grantee (i.e. the price paid minus any items of value received by Grantee that reduce the cost actually incurred.) iv. Grantee’s costs for Work performed after the Fund Expenditure End Date shown on the Signature and Cover Page for this Agreement, or after any phase performance period end date for a respective phase of the Work, shall not be reimbursable. Grantee shall initiate any payment request by submitting invoices to the State in the form and manner set forth and approved by the State . E. Close-Out Grantee shall close out this Award within 45 days after the Fund Expenditure End Date shown on the Cover Page for this Agreement. To complete close-out, Grantee shall submit to the State all Deliverables (including documentation) as defined in this Agreement and Grantee’s final reimbursement request or invoice. The State will withhold 5% of allowable costs until all final documentation has been submitted and accepted by the State as substantially complete. 6. REPORTING - NOTIFICATION A. Quarterly Reports In addition to any reports required pursuant to any other Exhibit, for any Agreement having a term longer than three months, Grantee shall submit, on a quarterly basis, a written report specifying progress made for each specified performance measure and standard in this Agreement. Such progress report shall be in accordance with the procedures developed and prescribed by the State. Progress reports shall be submitted Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 8 of 26 to the State not later than five Business Days following the end of each calendar quarter or at such time as otherwise specified by the State. B. Litigation Reporting If Grantee is served with a pleading or other document in connection with an action before a court or other administrative decision making body, and such pleading or document relates to this Agreement or may affect Grantee’s ability to perform its obligations under this Agreement, Grantee shall, within 10 days after being served, notify the State of such action and deliver copies of such pleading or document to the State’s Principal Representative identified on the Cover Page for this Agreement. C. Performance and Final Status Grantee shall submit all financial, performance and other reports to the State no later than 45 calendar days after the end of the Initial Term if no Extension Terms are exercised, or the final Extension Term exercised by the State, containing an evaluation and review of Grantee ’s performance and the final status of Grantee’s obligations hereunder. D. Violations Reporting Grantee shall disclose, in a timely manner, in writing to the State, all violations of State criminal law involving fraud, bribery, or gratuity violations potentially affecting the Federal Award. The State may impose any penalties for noncompliance allowed under 2 CFR Part 180 and 31 U.S.C. 3321, which may include, without limitation, suspension or debarment. 7. GRANTEE RECORDS A. Maintenance Grantee shall make, keep, maintain, and allow inspection and monitoring by the State of a complete file of all records, documents, communications, notes and other written materials, electronic media files, and communications, pertaining in any manner to the Work and the del ivery of Services (including, but not limited to, the operation of programs) or Goods hereunder (collectively, the “Grantee Records”). Grantee shall maintain such records for a period of three years following the date of submission to the State of the final expenditure report, or if this Award is renewed quarterly or annually, from the date of the submission of each quarterly or annual report, respectively (the “Record Retention Period”). If any litigation, claim, or audit related to this Award starts before expiration of the Record Retention Period, the Record Retention Period shall extend until all litigation, claims, or audit findings have been resolved and final action taken by the State or Federal Awarding Agency. The Federal Awarding Agency, a cognizant agency for audit, oversight or indirect costs, and the State, may notify Grantee in writing that the Record Retention Period shall be extended. For records for real property and equipment, the Record Retention Period shall extend three years following final disposition of such property. B. Inspection Grantee shall permit the State and any other duly authorized agent of the State to audit, inspect, examine, excerpt, copy and transcribe Grantee Records during the Record Retention Period. Grantee shall make Grantee Records available during normal business hours at Grantee’s office or place of business, or at other mutually agreed upon times or locations, upon no fewer than two Business Days’ notice from the State, unless the State determines that a shorter period of notice, or no notice, is necessary to protect the interests of the State. C. Monitoring The State and any other duly authorized agent of the State, in its discretion, may monitor Grantee’s performance of its obligations under this Agreement using procedures as determined by the State. The State shall have the right, in its sole discretion, to change its monitoring procedures and requirements at any time during the term of this Agreement. The State shall monitor Grantee’s performance in a manner that does not unduly interfere with Grantee’s performance of the Work. D. Final Audit Report Grantee shall promptly submit to the State a copy of any final audit report of an audit performed on Grantee’s records that relates to or affects this Agreement or the Work, whether the audit is conducted by Grantee or a third party. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 9 of 26 8. CONFIDENTIAL INFORMATION - STATE RECORDS A. Confidentiality Grantee shall keep confidential, and cause all Subcontractors to keep confidential, all State Records, unless those State Records are publicly available. Grantee shall not, without prior written approval of the State, use, publish, copy, disclose to any third party, or permit the use by any third party of any State Records, except as otherwise stated in this Agreement, permitted by law or approved in writing by the State. Grantee shall provide for the security of all State Confidential Information in accordance with all applicable laws, rules, policies, publications, and guidelines. Grantee shall immediately forward any reques t or demand for State Records to the State’s Principal Representative identified on the Cover Page of this Agreement . B. Other Entity Access and Nondisclosure Agreements Grantee may provide State Records to its agents, employees, assigns and Subcontractors as necessary to perform the Work, but shall restrict access to State Confidential Information to those agents, employees, assigns and Subcontractors who require access to perform their obligations under this Agreement. Grantee shall ensure all such agents, employees, assigns, and Subcontractors sign agreements containing nondisclosure provisions at least as protective as those in this Agreement, and that the nondisclosure provisions are in force at all times the agent, employee, assign or Subcontractor has access to any State Confidential Information. Grantee shall provide copies of those signed nondisclosure provisions to the State upon execution of the nondisclosure provisions if requested by the State. C. Use, Security, and Retention Grantee shall use, hold and maintain State Confidential Information in compliance with any and all applicable laws and regulations only in facilities located within the United States, and shall maintain a secure environment that ensures confidentiality of all State Confidential Information. Grantee shall provide the State with access, subject to Grantee’s reasonable security requirements, for purposes of inspecting and monitoring access and use of State Confidential Information and evaluating security control effectiveness. Up on the expiration or termination of this Agreement, Grantee shall return State Records provided to Grantee or destroy such State Records and certify to the State that it has done so, as directed by the State. If Grantee is prevented by law or regulation from returning or destroying State Confidential Information, Grantee warrants it will guarantee the confidentiality of, and cease to use, such State Confidential Information . D. Incident Notice and Remediation If Grantee becomes aware of any Incident, Grantee shall notify the State immediately and cooperate with the State regarding recovery, remediation, and the necessity to involve law enforcement, as determined by the State. Unless Grantee can establish that Grantee, and its agents, employees, and Subcontra ctors are not the cause or source of the Incident, Grantee shall be responsible for the cost of notifying each person who may have been impacted by the Incident. After an Incident, Grantee shall take steps to reduce the risk of incurring a similar type of Incident in the future as directed by the State, which may include, but is not limited to, developing and implementing a remediation plan that is approved by the State at no additional cost to the State. The State may adjust or direct modifications to this plan, in its sole discretion and Grantee shall make all modifications as directed by the State. If Grantee cannot produce its analysis and plan within the allotted time, the State, in its sole discretion, may perform such analysis and produce a remediatio n plan, and Grantee shall reimburse the State for the reasonable costs thereof. The State may, in its sole discretion and at Grantee’s sole expense, require Grantee to engage the services of an independent, qualified, State-approved third party to conduct a security audit. Grantee shall provide the State with the results of such audit and evidence of Grantee’s planned remediation in response to any negative findings . E. Data Protection and Handling Grantee shall ensure that all State Records and Work Product in the possession of Grantee or any Subcontractors are protected and handled in accordance with the requirements of this Agreement, including the requirements of any Exhibits hereto, at all times. As used in this section, the protections afforded Work Product only apply to Work Product that requires confidential treatment. F. Safeguarding PII If Grantee or any of its Subcontractors will or may receive PII under this Agreement, Grantee shall provide for the security of such PII, in a manner and form acceptable to the State, including, without limitation, State non-disclosure requirements, use of appropriate technology, security practices, computer access security, data access security, data storage encryption, data transmission encryption, security inspe ctions, and audits. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 10 of 26 Grantee shall be a “Third-Party Service Provider” as defined in §24-73-103(1)(i), C.R.S., and shall maintain security procedures and practices consistent with §§24 -73-101, et seq., C.R.S. 9. CONFLICTS OF INTEREST A. Actual Conflicts of Interest Grantee shall not engage in any business or activities, or maintain any relationships that conflict in any way with the full performance of the obligations of Grantee under this Agreement. Such a conflict of interest would arise when a Grantee or Subcontractor’s employee, officer or agent were to offer or provide any tangible personal benefit to an employee of the State, or any member of his or her immediate family or his or her partner, related to the award of, entry into or management or oversight o f this Agreement. B. Apparent Conflicts of Interest Grantee acknowledges that, with respect to this Agreement, even the appearance of a conflict of interest shall be harmful to the State’s interests. Absent the State’s prior written approval, Grantee shall refrain from any practices, activities or relationships that reasonably appear to be in conflict with the full performance of Grantee’s obligations under this Agreement. C. Disclosure to the State If a conflict or the appearance of a conflict arises, or if Grantee is uncertain whether a conflict or the appearance of a conflict has arisen, Grantee shall submit to the State a disclosure statement setting forth the relevant details for the State’s consideration. Failure to promptly submit a disclosure state ment or to follow the State’s direction in regard to the actual or apparent conflict constitutes a breach of this Agreement. D. Grantee acknowledges that all State employees are subject to the ethical principles described in §24-18-105, C.R.S. Grantee further acknowledges that State employees may be subject to the requirements of §24-18-105, C.R.S., with regard to this Agreement. For the avoidance of doubt, an actual or apparent conflict of interest shall exist if Grantee employs or contracts with any State employee, any former State employee within six months following such employee’s termination of employment with the State, or any immediate family member of such current or former State employee. Grantee shall provide a disclosure statement as described in §9.C. no later than ten days following entry into a contractual or employment relationship as described in this section. Failure to timely submit a disclosure statement shall constitute a Breach of Agreement. Grantee may also be subject to such penalties as are allowed by law. 10. INSURANCE Grantee shall obtain and maintain, and ensure that each Subcontractor shall obtain and maintain, insurance as specified in this section at all times during the term of this Agreement. All insurance policies required by this Agreement that are not provided through self-insurance shall be issued by insurance companies as approved by the State. A. Workers’ Compensation Workers’ compensation insurance as required by state statute, and employers’ liability insurance cover ing all Grantee or Subcontractor employees acting within the course and scope of their employment . B. General Liability Commercial general liability insurance covering premises operations, fire damage, independent contractors, products and completed operations, blanket contractual liability, personal injury, and advertising liability with minimum limits as follows: i. $1,000,000 each occurrence; ii. $1,000,000 general aggregate; iii. $1,000,000 products and completed operations aggregate; and iv. $50,000 any 1 fire. C. Automobile Liability Automobile liability insurance covering any auto (including owned, hired and non -owned autos) with a minimum limit of $1,000,000 each accident combined single limit . Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 11 of 26 D. Protected Information Liability insurance covering all loss of State Confidential Information, such as PII, PHI, PCI, Tax Information, and CJI, and claims based on alleged violations of privacy rights through improper use or disclosure of protected information with minimum limits as follows : i. $1,000,000 each occurrence; and ii. $2,000,000 general aggregate. E. Professional Liability Insurance Professional liability insurance covering any damages caused by an error, omission or any negligent act with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate. F. Crime Insurance Crime insurance including employee dishonesty coverage with minimum limits as follows: i. $1,000,000 each occurrence; and ii. $1,000,000 general aggregate. G. Additional Insured The State shall be named as additional insured on all commercial general liability policies (leases and construction contracts require additional insured coverage for completed operations) required of Grantee and Subcontractors. H. Primacy of Coverage Coverage required of Grantee and each Subcontractor shall be primary over any insurance or self -insurance program carried by Grantee or the State. I. Cancellation All insurance policies shall include provisions preventing cancellation or non -renewal, except for cancellation based on non-payment of premiums, without at least 30 days prior notice to Grantee and Grantee shall forward such notice to the State in accordance with §14 within 7 days of Grantee’s receipt of such notice. J. Subrogation Waiver All insurance policies secured or maintained by Grantee or its Subcontractors in relation to this Agreement shall include clauses stating that each carrier shall waive all rights of recovery under subrogation or otherwise against Grantee or the State, its agencies, institutions, organizations, officers, agents, employees, and volunteers. K. Public Entities If Grantee is a "public entity" within the meaning of the Colorado Governmental Immunity Act, §24 -10-101, et seq., C.R.S. (the “GIA”), Grantee shall maintain, in lieu of the liability insurance requirements stated above, at all times during the term of this Agreement such liability insurance, by commercial policy or self - insurance, as is necessary to meet its liabilities under the GIA. If a Subcontractor is a public entity within the meaning of the GIA, Grantee shall ensure that the Subcontractor maintain at all times during the terms of this Grantee, in lieu of the liability insurance requirements stated above, such liability insurance, by commercial policy or self-insurance, as is necessary to meet the Subcontractor’s obligations under the GIA. L. Certificates For each insurance plan provided by Grantee under this Agreement, Grantee shall provide to the State certificates evidencing Grantee’s insurance coverage required in this Agreement prior to the Effective Date. Grantee shall provide to the State certificates evidencing Subcontractor insurance coverage required under this Agreement prior to the Effective Date, except that, if Grantee’s subcontract is no t in effect as of the Effective Date, Grantee shall provide to the State certificates showing Subcontractor insurance coverage required under this Agreement within seven Business Days following Grantee’s execution of the subcontract. No later than 15 days before the expiration date of Grantee’s or any Subcontractor’s coverage, Grantee shall deliver to the State certificates of insurance evidencing renewals of coverage. At any other time during the Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 12 of 26 term of this Agreement, upon request by the State, Grantee shall, within seven Business Days following the request by the State, supply to the State evidence satisfactory to the State of compliance with the provisions of this section. 11. BREACH OF AGREEMENT In the event of a Breach of Agreement, the aggrieved Party shall give written notice of Breach of Agreement to the other Party. If the notified Party does not cure the breach, at its sole expense, within 30 days after the delivery of written notice, the Party may exercise any of the remedies as described in §12 for that Party. Notwithstanding any provision of this Agreement to the contrary, the State, in its discretion, need not provide notice or a cure period and may immediately terminate this Agreement in whole or in part or institute any other remedy in this Agreement in order to protect the public interest of the State; or if Grantee is debarred or suspended under §24-109-105, C.R.S., the State, in its discretion, need not provide notice or cure period and may terminate this Agreement in whole or in part or institute any other remedy in this Agreement as of the date that the debarment or suspension takes effect. 12. REMEDIES A. State’s Remedies If Grantee is in breach under any provision of this Agreement and fails to cure such breach, the State, following the notice and cure period set forth in §11, shall have all of the remedies listed in this section in addition to all other remedies set forth in this Agreement or at law. The State may exercise any or all of the remedies available to it, in its discretion, concurrently or consecutively. i. Termination for Breach of Agreement In the event of Grantee’s uncured breach, the State may terminate this entire Agreement or any part of this Agreement. Grantee shall continue performance of this Agreement to the extent not terminated, if any. a. Obligations and Rights To the extent specified in any termination notice, Grantee shall not incur further obligations or render further performance past the effective date of such notice, and shall terminate outstanding orders and subcontracts with third parties. However, Grantee shall complete and deliver to the State all Work not cancelled by the termination notice, and may incur obligations as necessary to do so within this Agreement’s terms. At the request of the State, Grantee shall assign to the State all of Grantee’s rights, title, and interest in and to such terminated orders or subcontracts. Upon termination, Grantee shall take timely, reasonable and necessary action to protect and preserve property in the possession of Grantee but in which the State has an interest. At the State’s request, Grantee shall return materials owned by the State in Grantee’s possession at the time of any termination. Grantee shall deliver all completed Work Product and all Wo rk Product that was in the process of completion to the State at the State’s request. b. Payments Notwithstanding anything to the contrary, the State shall only pay Grantee for accepted Work received as of the date of termination. If, after termination by the State, the State agrees that Grantee was not in breach or that Grantee’s action or inaction was excusable, such termination shall be treated as a termination in the public interest, and the rights and obligations of the Parties shall be as if this Agreement had been terminated in the public interest under §2.E. c. Damages and Withholding Notwithstanding any other remedial action by the State, Grantee shall remain liable to the State for any damages sustained by the State in connection with any breach b y Grantee, and the State may withhold payment to Grantee for the purpose of mitigating the State’s damages until such time as the exact amount of damages due to the State from Grantee is determined. The State may withhold any amount that may be due Grantee as the State deems necessary to protect the State against loss including, without limitation, loss as a result of outstanding liens and excess costs incurred by the State in procuring from third parties replacement Work as cover . ii. Remedies Not Involving Termination The State, in its discretion, may exercise one or more of the following additional remedies: Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 13 of 26 a. Suspend Performance Suspend Grantee’s performance with respect to all or any portion of the Work pending corrective action as specified by the State without entitling Grantee to an adjustment in price or cost or an adjustment in the performance schedule. Grantee shall promptly cease performing Work and incurring costs in accordance with the State’s directive, and the State shall not be liable for costs incurred by Grantee after the suspension of performance. b. Withhold Payment Withhold payment to Grantee until Grantee corrects its Work. c. Deny Payment Deny payment for Work not performed, or that due to Grantee’s actions or inactions, cannot be performed or if they were performed are reasonably of no value to the State; provided, that any denial of payment shall be equal to the value of the obligations not performed . d. Removal Demand immediate removal of any of Grantee’s employees, agents, or Sub contractors from the Work whom the State deems incompetent, careless, insubordinate, unsuitable, or otherwise unacceptable or whose continued relation to this Agreement is deemed by the State to be contrary to the public interest or the State’s best interest. e. Intellectual Property If any Work infringes, or if the State in its sole discretion determines that any Work is likely to infringe, a patent, copyright, trademark, trade secret or other intellectual property right, Grantee shall, as approved by the State (i) secure that right to use such Work for the State and Grantee; (ii) replace the Work with noninfringing Work or modify the Work so that it becomes noninfringing; or, (iii) remove any infringing Work and refund the amount paid for such Work to the State. B. Grantee’s Remedies If the State is in breach of any provision of this Agreement and does not cure such breach, Grantee, following the notice and cure period in §11 and the dispute resolution process in §13 shall have all remedies available at law and equity. 13. DISPUTE RESOLUTION A. Initial Resolution Except as herein specifically provided otherwise, disputes concerning the performance of this Agreement which cannot be resolved by the designated Agreement representatives shall be referred in writing to a senior departmental management staff member designated by the State and a senior manager designated by Grantee for resolution. B. Resolution of Controversies If the initial resolution described in §13.A fails to resolve the dispute within 10 Business Days, Grantee shall submit any alleged breach of this Agreement by the State to the Procurement Official of the State Agency named on the Cover Page of this Agreement as described in §24 -101-301(30), C.R.S., for resolution following the same resolution of controversies process as described in §§24 -106-109, and 24-109-101.1 through 24-109-505, C.R.S., (collectively, the “Resolution Statutes”), except that if Grantee wishes to challenge any decision rendered by the Pro curement Official, Grantee’s challenge shall be an appeal to the executive director of the Department of Personnel and Administration, or their delegate, in the same manner as described in the Resolution Statutes before Grantee pursues any further action. Except as otherwise stated in this Section, all requirements of the Resolution Statutes shall apply including, without limitation, time limitations regardless of whether the Colorado Procurement Code applies to this Agreement . 14. NOTICES and REPRESENTATIVES Each individual identified as a Principal Representative on the Cover Page for this Agreement shall be the principal representative of the designating Party. All notices required or permitted to be given under this Agreement shall be in writing, and shall be delivered (A) by hand with receipt required, (B) by certified or registered mail to such Party’s principal representative at the address set forth on the Cover Page for this Agreement or (C) as an email with read receipt requested to the principal representative at the email address, if Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 14 of 26 any, set forth on the Cover Page for this Agreement. If a Party delivers a notice to another through email and the email is undeliverable, then, unless the Party has been provided with an alternate email contact, the Party delivering the notice shall deliver the notice by hand with receipt required or by certified or registered mail to such Party’s principal representative at the address set forth on the Cover Page for this Agreement. Either Party may change its principal representative or principal representative contact information, or may designate specific other individuals to receive certain types of notices in addition to or in lieu of a principal representative, by notice submitted in accordance with this section without a formal amendment to this Agreement. Unless otherwise provided in this Agreement, notices shall be effective upon delivery of the written notice. 15. RIGHTS IN WORK PRODUCT AND OTHER INFORMATION A. Work Product Whether or not Grantee is under contract with the State at the time, Grantee shall execute applications, assignments, and other documents, and shall render all other reasonable assistance requested by the State, to enable the State to secure patents, copyrights, licenses and other intellectual property rights related to the Work Product. The Parties intend the Work Product to be works made for hire. Grantee assigns to the State and its successors and assigns, the entire right, title, and interest in and to all causes of action , either in law or in equity, for past, present, or future infringement of intellectual property rights related to the Work Product and all works based on, derived from, or incorporating the Work Product . B. Exclusive Property of the State Except to the extent specifically provided elsewhere in this Agreement, all State Records, documents, text, software (including source code), research, reports, proposals, specifications, plans, notes, studies, data, images, photographs, negatives, pictures, drawings, d esigns, models, surveys, maps, materials, ideas, concepts, know-how, and information provided by or on behalf of the State to Grantee are the exclusive property of the State (collectively, “State Materials”). Grantee shall not use, willingly allow, cause o r permit Work Product or State Materials to be used for any purpose other than the performance of Grantee’s obligations in this Agreement without the prior written consent of the State. Upon termination of this Agreement for any reason, Grantee shall provide all Work Product and State Materials to the State in a form and manner as directed by the State. C. Exclusive Property of Grantee Grantee retains the exclusive rights, title, and ownership to any and all pre-existing materials owned or licensed to Grantee including, but not limited to, all pre-existing software, licensed products, associated source code, machine code, text images, audio and/or video, and third -party materials, delivered by Grantee under this Agreement, whether incorporated in a Deliverable or necessary to use a Deliverable (collectively, “Grantee Property”). Grantee Property shall be licensed to the State as set forth in this Agreement or a State approved license agreement: (i) entered into as exhibits to this Agreement, (ii) obtained by the State from the applicable third-party vendor, or (iii) in the case of open source software, the license terms set forth in the applicable open source license agreement. 16. GENERAL PROVISIONS A. Assignment Grantee’s rights and obligations under this Agree ment are personal and may not be transferred or assigned without the prior, written consent of the State. Any attempt at assignment or transfer without such consent shall be void. Any assignment or transfer of Grantee’s rights and obligations approved by t he State shall be subject to the provisions of this Agreement. B. Subcontracts Grantee shall not enter into any subgrant or subcontract in connection with its obligations under this Agreement without providing notice to the State. The State may reject any such Subcontractor, and Grantee shall terminate any subcontract that is rejected by the State and shall not allow any Subcontractor to perform any work after that Subcontractor’s subcontract has been rejected by the State. Grantee shall submit to the State a copy of each such subgrant or subcontract upon request by the State. All subgrants and subcontracts entered into by Grantee in connection with this Agreement shall comply with all applicable federal and state laws and regulations, shall provide that they are governed by the laws of the State of Colorado, and shall be subject to all provisions of this Agreement. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 15 of 26 C. Binding Effect Except as otherwise provided in §16.A., all provisions of this Agreement, including the benefits and burdens, shall extend to and be binding upon the Parties’ respective successors and assigns. D. Authority Each Party represents and warrants to the other that the execution and delivery of this Agreement and the performance of such Party’s obligations have been duly authorized . E. Captions and References The captions and headings in this Agreement are for convenience of reference only, and shall not be used to interpret, define, or limit its provisions. All references in this Agreement to sections (whether spelled out or using the § symbol), subsections, exhibits or other attachments, are references to sections, subsections, exhibits or other attachments contained herein or incorporated as a part hereof, unless otherwise noted . F. Counterparts This Agreement may be executed in multiple, identical, original counterparts, each of which shall be deemed to be an original, but all of which, taken together, shall constitute one and the same agreement. G. Entire Understanding This Agreement represents the complete integration of all und erstandings between the Parties related to the Work, and all prior representations and understandings related to the Work, oral or written, are merged into this Agreement. Prior or contemporaneous additions, deletions, or other changes to this Agreement shall not have any force or effect whatsoever, unless embodied herein . H. Digital Signatures If any signatory signs this Agreement using a digital signature in accordance with the Colorado State Controller Contract, Grant and Purchase Order Policies regarding the use of digital signatures issued under the State Fiscal Rules, then any agreement or consent to use digital signatures within the electronic system through which that signatory signed shall be incorporated into this Agreement by reference . I. Modification Except as otherwise provided in this Agreement, any modification to this Agreement shall only be effective if agreed to in a formal amendment to this Agreement, properly executed and approved in accordance with applicable Colorado State law and State Fiscal Rules. Modifications permitted under this Agreement, other than Agreement amendments, shall conform to the policies issued by the Colorado State Controller . J. Statutes, Regulations, Fiscal Rules, and Other Authority Any reference in this Agreement to a statute, regulation, State Fiscal Rule, fiscal policy or other authority shall be interpreted to refer to such authority then current, as may have been changed or amended since the Effective Date of this Agreement. K. External Terms and Conditions Notwithstanding anything to the contrary herein, the State shall not be subject to any provision included in any terms, conditions, or agreements appearing on Grantee’s or a Subcontractor’s website or any provision incorporated into any click-through or online agreements related to the Work unless that provision is specifically referenced in this Agreement. L. Severability The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect, provided that the Parties can continue to perform their obligations under this Agreement in accordance with the intent of this Agreement. M. Survival of Certain Agreement Terms Any provision of this Agreement that imposes an obligation on a Party after termination or expiration of this Agreement shall survive the termination or expiration of this Agreement and shall be enforceable by the other Party. N. Taxes The State is exempt from federal excise taxes under I.R.C. Chapter 32 (26 U.S.C., Subtitle D, Ch. 32) (Federal Excise Tax Exemption Certificate of Registry No. 84 -730123K) and from State and local government sales and use taxes under §§39-26-704(1), et seq., C.R.S. (Colorado Sales Tax Exemption Identification Number Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 16 of 26 98-02565). The State shall not be liable for the payment of any excise, sales, or use taxes, regardless of whether any political subdivision of the State imposes such taxes on Grantee. Grantee sha ll be solely responsible for any exemptions from the collection of excise, sales or use taxes that Grantee may wish to have in place in connection with this Agreement. O. Third Party Beneficiaries Except for the Parties’ respective successors and assigns described in §16.A., this Agreement does not and is not intended to confer any rights or remedies upon any person or entity other than the Parties. Enforcement of this Agreement and all rights and obligations hereunder are reserved solely to the Parties. A ny services or benefits which third parties receive as a result of this Agreement are incidental to this Agreement, and do not create any rights for such third parties. P. Waiver A Party’s failure or delay in exercising any right, power, or privilege under this Agreement, whether explicit or by lack of enforcement, shall not operate as a waiver, nor shall any single or partial exercise of any right, power, or privilege preclude any other or further exercise of such right, power, or privilege . Q. CORA Disclosure To the extent not prohibited by federal law, this Agreement and the performance measures and standards required under §24-106-107, C.R.S., if any, are subject to public release through the CORA. R. Standard and Manner of Performance Grantee shall perform its obligations under this Agreement in accordance with the highest standards of care, skill and diligence in Grantee’s industry, trade, or profession. S. Licenses, Permits, and Other Authorizations. i. Grantee shall secure, prior to the Effective Date, and maintain at all times during the term of this Agreement, at its sole expense, all licenses, certifications, permits, and other authorizations required to perform its obligations under this Agreement, and shall ensure that all employees, agents and Subcontractors secure and maintain at all times during the term of their employment, agency or Subcontractor, all license, certifications, permits and other authorizations required to perform their obligations in relation to this Agreement. ii. Grantee, if a foreign corporation or other foreign entity transacting business in the State of Colorado, shall obtain prior to the Effective Date and maintain at all times during the term of this Agreement, at its sole expense, a certificate of authority to transact business in the State of Colorado and designate a registered agent in Colorado to accept service of process. T. Federal Provisions Grantee shall comply with all applicable requirements of Exhibit C at all times during the term of this Agreement. 17. COLORADO SPECIAL PROVISIONS (COLORADO FISCAL RULE 3-3) These Special Provisions apply to all agreements except where noted in italics. A. STATUTORY APPROVAL. §24-30-202(1), C.R.S. This Agreement shall not be valid until it has been approved by the Colorado State Controller or designee. If this Agreement is for a Major Information Technology Project, as defined in §24 -37.5-102(2.6), C.R.S., then this Agreement shall not be valid until it has been approved by the State’s Chief Information Officer or designee.. B. FUND AVAILABILITY. §24-30-202(5.5), C.R.S. Financial obligations of the State payable after the current State Fiscal Year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available. C. GOVERNMENTAL IMMUNITY. Liability for claims for injuries to persons or property arising from the negligence of the State, its departments, boards, commissions committees, bureaus, offices, employees and officials shall be controlled and limited by the provisions of the Colorado Governmental Immunity Act, §24-10-101, et seq., C.R.S.; the Federal Tort Claims Act, 28 U.S.C. Pt. VI, Ch. 171 and 28 U.S.C. 1346(b), and the State’s risk management statutes, §§24-30-1501, et seq., C.R.S. No term or condition of this Agreement shall be construed or Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 17 of 26 interpreted as a waiver, express or implied, of any of the immunities, rights, benefits, protections, or other provisions, contained in these statutes. D. INDEPENDENT CONTRACTOR. Grantee shall perform its duties hereunder as an independent contractor a nd not as an employee. Neither Grantee nor any agent or employee of Grantee shall be deemed to be an agent or employee of the State. Grantee shall not have authorization, express or implied, to bind the State to any agreement, liability or understanding, except as expressly set forth herein. Grantee and its employees and agents are not entitled to unemployment insurance or workers compensation benefits through the State and the State shall not pay for or otherwise provide such coverage for Grantee or any of its agents or employees. Grantee shall pay when due all applicable employment taxes and income taxes and local head taxes incurred pursuant to this Agreement. Grantee shall (i) provide and keep in force workers’ compensation and unemployment compensation insurance in the amounts required by law, (ii) provide proof thereof when requested by the State, and (iii) be solely responsible for its acts and those of its employees and agents. E. COMPLIANCE WITH LAW. Grantee shall comply with all applicable federal and State laws, rules, and regulations in effect or hereafter established, including, without limitation, laws applicable to discrimination and unfair employment practices. F. CHOICE OF LAW, JURISDICTION, AND VENUE. Colorado law, and rules and regulations issued pursuant thereto, shall be applied in the interpretation, execution, and enforcement of this Agreement. Any provision included or incorporated herein by reference which conflicts with said laws, rules, and regulations shall be null and void. All suits or actions related to this Agreement shall be filed and proceedings held in the State of Colorado and exclusive venue shall be in the City and County of Denver. G. PROHIBITED TERMS. Any term included in this Agreement that requires the State to indemnify or hold Grantee harmless; requires the State to agree to binding arbitration; limits Grantee’s liability for damages resulting from death, bodily injury, or damage to tangible property; or that conflicts with this provision in any way shall be void ab ini tio. Nothing in this Agreement shall be construed as a waiver of any provision of §24 -106-109, C.R.S. H. SOFTWARE PIRACY PROHIBITION. State or other public funds payable under this Agreement shall not be used for the acquisition, operation, or maintenance of computer software in violation of federal copyright laws or applicable licensing restrictions. Grantee hereby certifies and warrants that, during the term of this Agreement and any extensions, Grantee has and shall maintain in place appropriate systems and controls to prevent such improper use of public funds. If the State determines that Grantee is in violation of this provision, the State may exercise any remedy available at law or in equity or under this Agreement, including, without limitation, imm ediate termination of this Agreement and any remedy consistent with federal copyright laws or applicable licensing restrictions. I. EMPLOYEE FINANCIAL INTEREST/CONFLICT OF INTEREST. §§24-18-201 and 24-50-507, C.R.S. The signatories aver that to their knowledge, no employee of the State has any personal or beneficial interest whatsoever in the service or property described in this Agreement. Grantee has no interest and shall not acquire any interest, direct or indirect, that would conflict in any manner or d egree with the performance of Grantee’s services and Grantee shall not employ any person having such known interests. J. VENDOR OFFSET AND ERRONEOUS PAYMENTS. §§24-30-202(1) and 24-30-202.4, C.R.S. [Not applicable to intergovernmental agreements] Subject to §24-30-202.4(3.5), C.R.S., the State Controller may withhold payment under the State’s vendor offset intercept system for debts owed to State agencies for: (i) unpaid child support debts or child support arrearages; (ii) unpaid balances of tax, accrued interest, or other charges specified in §§39-21-101, et seq., C.R.S.; (iii) unpaid loans due to the Student Loan Division of the Department of Higher Education; (iv) amounts required to be paid to the Unemployment Compensation Fund; and (v) other unpaid debts owing to the State as a result of final agency determination or judicial action. The State may also recover, at the State’s discretion, payments made to Grantee in error for any reason, including, but not limited to, overpayments or improper payments, and unexpended or excess funds received by Grantee by deduction from subsequent payments under this Agreement, deduction from any payment due Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 18 of 26 under any other contracts, grants or agreements between the State and Grantee, or by any other appropriate method for collecting debts owed to the State. K. PUBLIC CONTRACTS FOR SERVICES. §§8-17.5-101, et seq., C.R.S. [Not applicable to agreements relating to the offer, issuance, or sale of securities, investment advisory services or fund management services, sponsored projects, intergovernmental agreements, or information technology services or products and services] Grantee certifies, warrants, and agrees that it does not knowingly employ or contract with an illegal alien who will perform work under this Agreement a nd will confirm the employment eligibility of all employees who are newly hired for employment in the United States to perform work under this Agreement, through participation in the E-Verify Program or the State verification program established pursuant to §8-17.5-102(5)(c), C.R.S., Grantee shall not knowingly employ or contract with an illegal alien to perform work under this Agreement or enter into a contract with a Subcontractor that fails to certify to Grantee that the Subcontractor shall not knowingly employ or contract with an illegal alien to perform work under this Agreement. Grantee (i) shall not use E-Verify Program or the program procedures of the Colorado Department of Labor and Employment (“Department Program”) to undertake pre - employment screening of job applicants while this Agreement is being performed, (ii) shall notify the Subcontractor and the contracting State agency or institution of higher education within three days if Grantee has actual knowledge that a Subcontractor is employing or contracting with an illegal alien for work under this Agreement, (iii) shall terminate the subcontract if a Subcontractor does not stop employing or contracting with the illegal alien within three days of receiving the notice, and (iv) shall comply with reasonable requests made in the course of an investigation, undertaken pursuant to §8-17.5-102(5), C.R.S., by the Colorado Department of Labor and Employment. If Grantee participates in the Department program, Grantee shall deliver to the contracting State agency, Institution of Higher Education or political subdivision, a written, notarized affirmation, affirming that Grantee has examined the legal work status of such employee, and shall comply with all of the other requirements of the Department program. If Grantee fails to comply with any requirement of this provision or §§8 -17.5-101, et seq., C.R.S., the contracting State agency, institution of higher education or political subdivision may terminate this Agreement for breach and, if so terminated, Grantee shall be liable for damages. L. PUBLIC CONTRACTS WITH NATURAL PERSONS. §§24-76.5-101, et seq., C.R.S. Grantee, if a natural person eighteen (18) years of age or older, hereby swears and affirms under penalty of perjury that Grantee (i) is a citizen or otherwise lawfully present in the United States pursuant to federal law, (ii) shall comply with the provisions of §§24-76.5-101, et seq., C.R.S., and (iii) has produced one form of identification required by §24-76.5-103, C.R.S., prior to the Effective Date of this Agreement. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 19 of 26 EXHIBIT A, STATEMENT OF WORK AND BUDGET Project Description 2020 SB267 Estes Park Visitor's Center (Design Portion) Project End Date December 31, 2026 Subrecipient Town of Estes Park DUNS # 078355450 Contact Name Dana G Klein Vendor # 2000306 Address P.O. Box 1200 170 MacGregor Avenue Estes Park, Colorado 80517 Phone # (970) 577-3577 Email dklein@estes.org Indirect Rate N/A WBS* 24851.10.30 ALI N/A Total Project Budget $136,845.00 State SB267 Funds (at 80% or less) $109,476.00 Local Funds (at 20% or more) $27,369.00 Total Project Amount Encumbered via this Grant Agreement $109,476.00 *This is not a research and development grant. **The WBS numbers may be replaced without changing the amount of the subaward at CDOT’s discretion. A. Project Description The Town of Estes Park will use SB-267 funds, along with local matching funds, to redesign the surface parking lot and landscaped area surrounding the Estes Park Visitor Center, as more fully described below. The proj ect will support the goals of the Statewide Transit Plan. ALI QTY Fuel Type Description SB267 Amount 11.41.04 N/A N/A Mobility Hub Design $109,476.00 The Town of Estes Park is a governmental entity located in Larimer County, Colorado, and operates Estes Transit, a free public transportation shuttle service. The service is free and open to all riders and is offered during the summer months (“peak season service”), for Town-sponsored special events throughout the year and via the Winter Trolley Service. Estes Transit service information is presented on the Town’s website at www.estes.org/shuttles. The Town of Estes Park and its stakeholders are interested in designing a new layout for the surface parking lot located at the Estes Park Visitor Center; a project that would transition the space from car and parking -focused to more of a mobility hub that welcomes all modes. The existing parking lot is laid out in a confusing manner, often resulting in conflicts between pedestrians, personal vehicles, transit buses and special event uses (e.g., Estes Valley Farmers Market). In addition to personal vehicle parking, this lot also accommodates park and ride activities (e.g., for local tours, Uber/Lyft), Rocky Mountain National Park’s seasonal Hiker Shuttle, and the Bustang to Estes. The Visitor Center parking lot is home to the Town’s only DC Level III fast-charging Electric Vehicle stations and is adjacent to the Town’s parking structure, which is the largest supply of public parking in the downtown area. This parking area is also connected via two pedestrian bridges to the Lake Estes Trail, which provides connections to other Town and Larimer County trail infrastructure (e.g., Fish Creek trail). The redesign of this surface parking lot and surrounding landscaped areas has the potential to be a signature project for the Town, transitioning underutilized land from parking lot to mobi lity hub. The central location of the project (adjacent to the intersection of US Hwy 34 and US Hwy 36) – and proximity to the trail infrastructure mentioned above – make it a prime location for additional bicycle (and possibly bicycle or e-bike sharing) infrastructure. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 20 of 26 Town staff envision hiring an Architectural/Engineering consultant team to reimagine the area and engage the community in creating a future vision for an activated public space that welcomes and accommodates all modes safely and efficiently. The Town shall use SB-267 funds to procure Architectural/Engineering Design and/or Construction Design Management services in development of the final construction documents for Estes Park Visitor Center Parking Lot Redesign project. Before initiating construction, a site review of the construction site must be completed and design work must be conducted. In accordance with Chapter III of FTA Circular 4702.1 B, a Title VI Equity Analysis comparing the impacts on minority and low-income persons of sitting facilities at any identified feasible locations will also be completed. Other project details are listed below: Project Address: 500 Big Thompson Avenue, Estes Park, CO 80517 National Environmental Policy Act (NEPA): The Town of Estes Park must ensure that the environmental consequences of its transportation project have been adequately considered and that required mitigation measures can be completed within the time frame and budget described in the Subaward Agreement. An environmental clearance is required before final design, right -of-way acquisition and construction funds are authorized. The Town will work with CDOT and FTA on CatEX approval in order to meet the environmental requirements. Among those requirements, Environmental Justice considerations should be analyzed and documented, if applicable. For more information, see Chapter 9.15 of the CDOT NEPA Manual, found at: https://www.codot.gov/programs/environmental/nepa-program/nepa-manual. Key Tasks/Deliverables: a. Review of the site plan by a professional engineer. b. Procure the professional services of a design/architectural firm c. Review the site plan d. Complete the final design, notifying CDOT in advance so CDOT staff can review the final design along with The Town of Estes Park e. Prepare construction cost estimates B. Performance Standards Design Milestone Description Original Estimated Completion Date Submit Procurement Concurrence Request (PCR) to CDOT Project Manager for Approval 12/14/2022 Submit Procurement Authorization (PA) and solicitation documents to a CDOT Project Manager for Approval 1/24/2024 30% of Design Completion Date 8/22/2025 Submit First Reimbursement Request in COTRAMS 7/31/2025 Submit First Progress Report to Grant Unit Manager 9/30/2025 100% of Design Completion Date 2/13/2026 Submit Final Reimbursement Request in COTRAMS 4/1/2026 IMPORTANT NOTE: All milestones in this Statement of Work must be completed no later than the expiration date of this Grant Agreement: 12/31/2026. Performance will be reviewed throughout the duration of this Grant Agreement. The Town of Estes Park shall report to the CDOT Project Manager whenever one or more of the following occurs: Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 21 of 26 a. Budget or schedule changes b. Scheduled milestone or completion dates are not met; c. Identification of problem areas and how the problems will be resolved; and/or d. Expected impacts and the efforts to recover from delays. The Town of Estes Park will be responsible for performing and adhering to the following design requirements: a. Prepare and provide preliminary and final design (“Construction Plans”) including drawings, plans, plats, descriptive or supportive material or special provisions and estimates (collectively known as “Plans”), as required to communicate the design intent and to achieve all required local and state approvals, including planning approvals as required by the Local Authority Having Jurisdiction (AHJ), adopted County or Town Codes, and applicable State and Federal requirements. b. Prepare final design construction plans in accordance with the requirements, as applicable, of the latest edition of the International Building Code, latest edition adopted by the Town of Estes Park. c. Prepare special provisions and estimates in accordance with any specifications as approved by CDOT. d. Include details of any required detours in the Plans, in order to prevent any interference of the construction work and to protect the traveling public. e. The Plans produced shall be stamped by Colorado Registered Professional Engineers and Architect. Plans shall be reviewed and approved in accordance with all Town or AHJ requirements and shall be permitted through the local authority. f. Provide final assembly of Plans and contract documents for the purpose of bidding the project for construction. g. Comply with the requirements of the Americans with Disabilities Act (ADA), and applicable federal regulations and standards as contained in the document “ADA Accessibility Requirements in CDOT Transportation Projects” as well as CDOT Procedural Directive 605.1, “ADA Accessibility Requirements.” h. Afford CDOT ample opportunity to review the Plans and make any changes in the Plans that are directed by CDOT to comply with State requirements. i. Submit to CDOT no less than quarterly, or more frequently as requested by CDOT, a report of progress and expenditures made throughout the implementation of the pro ject. C. Project Budget 1. The Total Project Budget is $136,845.00. CDOT will pay no more than 80% of the eligible, actual project costs, up to the maximum amount of $109,476.00. CDOT will retain any remaining balance of SB-267 Funds. The Town of Estes Park shall be solely responsible for all costs incurred in the project in excess of the amount paid by CDOT from SB-267 Funds for the state share of eligible, actual costs. For CDOT accounting purposes, the SB-267 Funds of $109,476.00 will be encumbered for this Grant Agreement. 2. No refund or reduction of the amount of the Town of Estes Park’s share to be provided will be allowed unless there is at the same time a refund or reduction of the state share of a proportionate amount. 3. The Town of Estes Park may use eligible federal funds for the Local Funds share. The Town of Estes Park’s share, together with the SB-267 Funds share, must be enough to ensure payment of the Total Project Budget. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 22 of 26 4. Per the terms of this Grant Agreement, CDOT shall have no obligation to provide state funds for use on this project. CDOT will administer SB-267 Funds for this project under the terms of this Grant Agreement, provided that the SB-267 funds to be administered by CDOT are made available and remain available. The Town of Estes Park shall initiate and prosecute to completion all actions necessary to enable The Town of Estes Park to provide its share of the Total Project Budget at or prior to the time that such funds are needed to meet the Total Project Bud get. D. Procurement Procurement of Architectural/Engineering Design and/or Construction Design Management services will comply with state procurement procedures and the DTR Quick Procurement Guide. In addition to the state requirements outlined below, state procedures for purchase of Architectural/Engineering Design and/or Construction Design Management services must be followed and will be outlined prior to purchase. 1. The first step in the procurement process will be to obtain an Independent Cost Estimate (ICE). 2. The second step will be to obtain a Procurement Concurrence Request (PCR) approval from the CDOT Project Manager through COTRAMS. 3. Prior to entering into a purchasing agreement with the selected vendor, the Town of Estes Park shall request a Purchase Authorization (PA),and submit a purchase order for the Architectural/Engineering Design and/or Construction Design Management services in COTRAMS. 4. Per State guidelines, the Town of Estes Park shall enter into a professional services contract with the architect/engineer or Construction Design Manager and should use an industry approved contract such as an AIA contract. At CDOT’s discretion, CDOT may request review of the draft contract to ensure that the terms and conditions of the contract meet the requirements set forth in this statement of work and align with CDOT requirements. 5. The selected vendor shall be required to comply with all insurance obligations required by CDOT’s Risk Management section. Further, the vendor shall secure, prior to the effective d ate of subcontract, at their sole expense, all licenses, certifications, permits, and other authorizations required to perform their obligations under such subcontract, and shall ensure that all employees, agents and subcontractors secure and maintain at all times during the term of their employment, agency or subcontract, all license, certifications, permits and other authorizations required to perform their obligations in relation to the subcontract; and (c) agree to indemnify, save, and hold harmless CDOT, its employees, agents and assignees (collectively, the “Indemnified Parties”), against any and all costs, expenses, claims, damages, liabilities, court awards and other amounts (including attorneys’ fees and related costs) incurred by any of the Indemnified Parties in relation to any act or omission by such consultant and/or contractor, or its employees, agents, subcontractors, or assignees in connection with the subcontract. 6. The Town of Estes Park shall be responsible for reimbursing the selected vendor within forty-five (45) calendar days after acceptance of the Architectural/Engineering Design and/or Construction Design Management services. E. Reimbursement Eligibility Requests for reimbursement for eligible project costs will be paid to the Town of Estes Park upon submission of a complete reimbursement packet in COTRAMS for those eligible costs incurred during the Grant Agreement effective dates. Accepted reimbursement packets will include the following completed documents: ● Independent Cost Estimate (ICE) ● Procurement Concurrence Request (PCR) ● Purchase Authorization (PA) ● Invoice Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 23 of 26 ● Proof of Payment to vendor(s) ● Final Design Plans, upon completion The Town of Estes Park must submit the final invoice within sixty (60) calendar days of acceptance of the professional services provided and submit a Grant Closeout and Liquidation (GCL) Form in COTRAMS within fifteen (15) calendar days of issuance of the final reimbursement payment. F. Restrictions on Lobbying The Town of Estes Park is certifying that it complies with 2 CFR 200.450 by entering into this Grant Agreement. G. Training In an effort to enhance transit safety, the Town of Estes Park and any subrecipients and subcontractors shall make a good faith effort to ensure that appropriate training of agency and c ontracted personnel is occurring and that personnel are up to date in appropriate certifications. Training must also be developed and delivered for new or updated plans, procedures, or rules applicable to the facility. Training programs should be developed to support the effective and safe implementation of revenue service through standard operation and maintenance practices. Training programs for critical safety and security practices should include qualification components, such as an exams or field practical to verify participants have retained and can skillfully executive the tasks assigned. Training documentation must be maintained to ensure all employees have met and continue to meet training requirements while employed by the agency H. Safety Data The Town of Estes Park and any subrecipients shall maintain and submit, as requested, data related to bus safety. This may include, but not be limited to, the number of vehicle accidents within certain measurement parameters set forth by CDOT, the number and extent of passenger injuries or claims, and the number and extent of employee accidents, injuries and incidents I. Special Conditions 1. The Town of Estes Park will comply with all requirements imposed by CDOT on The Town of Estes Park so that the state award is used in accordance with state statutes, regulations, and the terms and conditions of the state award. 2. The Town of Estes Park must permit CDOT and their auditors to have access to the Town of Estes Park’s records and financial statements as necessary, with reasonable advance notice. 3. Except as provided in this Grant Agreement, the Town of Estes Park shall not be reimbursed for any purchase, issued purchase order, or leased capital equipment prior to the execution of this Grant Agreement. 4. The Town of Estes Park cannot request reimbursement for costs on this project from more than one state Awarding Agency or other state awards (i.e., no duplicate billing). 5. The Town of Estes Park must obtain CDOT approval, in writing, if SB -267 funds are intended to be used for payment of a lease or for third-party contracts. 6. The Town of Estes Park shall ensure that it does not exclude from participation in, deny the benefits of, or subject to discrimination any person in the United States on the ground of race, color, national origin, sex, age or disability in accordance with Title VI of the Civil Rights Act of 1964. 7. The Town of Estes Park shall seek to ensure non-discrimination in its programs and activities by developing and maintaining a Title VI Program in accordance with the “Requirements for FTA Subrecipients” in CDOT’s Title VI Program Plan and Federal Transit Administration Circular Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 24 of 26 4702.1B, “Title VI Requirements and Guidelines for FTA Recipients.” The Town shall also facilitate FTA’s compliance with Executive Order 12898 and DOT Order 5610.2(a) by incorporating the principles of environmental justice in planning, project development and public outreach in accordance with FTA Circular 4703.1 “Environmental Justice Policy Guidance for Federal Transit Administration Recipients.” 8. The Town of Estes Park will provide transportation services to persons with disabilities, in accordance with Americans with Disabilities Act of 1990, as amended, 42 U.S.C. § 12101 et seq. 9. The Town of Estes Park shall develop and maintain an ADA Program in accordance with 28 CFR Part 35, Nondiscrimination on the Basis of Disability in State and Local Government Services, FTA Circular 4710.1, and any additional requirements established by CDOT for FTA subrecipients. 10. The Town of Estes Park shall ensure that it will comply with the Americans with Disabilities Act, Section 504 of the Rehabilitation Act, FTA guidance, and any other federal, state, and/or local laws, rules and/or regulations. In any contract utilizing federal funds, land, or other federal aid, the Town of Estes Park shall require its subrecipients and/or contractors to provide a statement of written assurance that they will comply with Section 504 and not discriminate on the basis of disability. 11. The Town of Estes Park shall agree to produce and maintain documentation that supports compliance with the Americans with Disabilities Act to CDOT upon request. 12. The Town of Estes Park shall include nondiscrimination language and the Disadvantaged Business Enterprise (DBE) assurance in all contracts and solicitations in accordance with DBE regulations, 49 CFR Part 26, and CDOT’s DBE program. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 25 of 26 EXHIBIT B, SAMPLE OPTION LETTER State Agency Department of Transportation Option Letter Number Insert the Option Number (e.g. "1" for the first option) Grantee Insert Grantee's Full Legal Name, including "Inc.", "LLC", etc... Original Agreement Number Insert CMS number or Other Contract Number of the Original Contract Current Grant Agreement Amount Initial Term Option Agreement Number Insert CMS number or Other Contract Number of this Option State Fiscal Year 20xx $0.00 Extension Terms Agreement Performance Beginning Date The later of the Effective Date or Month, Day, Year Extension Term 1 $0.00 Extension Term 2 $0.00 Extension Term 3 $0.00 Current Agreement Expiration Date Month, Day, Year Extension Term 4 $0.00 Total for All Agreement Terms $0.00 1. OPTIONS: A. Option to extend for an Extension Term or End of Term Extension. 2. REQUIRED PROVISIONS: A. For use with Option 1(A): In accordance with Section(s) 2.B/2.C of the Original Agreement referenced above, the State hereby exercises its option for an additional term/end of term extension, beginning Insert start date and ending on the current agreement expiration date shown above, at the rates stated in the Original Agreement, as amended. 3. OPTION EFFECTIVE DATE: A. The effective date of this Option Letter is upon approval of the State Controller or , whichever is later. STATE OF COLORADO Jared S. Polis, Governor Department of Transportation Shoshana M. Lew, Executive Director By:_______________________ Name:________________________ Title:__________________________ Date: _________________________ In accordance with §24-30-202, C.R.S., this Option Letter is not valid until signed and dated below by the State Controller or an authorized delegate. STATE CONTROLLER Robert Jaros, CPA, MBA, JD By:_______________________________________ Department of Transportation Option Letter Effective Date:__________________ Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 Contract Number: 25-HTR-ZL-00229 / 491003941 Page 26 of 26 EXHIBIT C, TITLE VI – CIVIL RIGHTS Nondiscrimination Requirements The Parties shall not exclude from participation in, deny the benefits of, or subject to discrimination any person in the United States on the ground of race, color, national origin, sex, age or disability. During the performance of this Agreement, the Grantee, for itself, its assignees and successors in interest (hereinafter referred to as the “Grantee”) agrees as follows: (1) Compliance with Regulations: The Grantee shall comply with the Regulation relative to nondiscrimination in federally-assisted programs of the Department of Transportation (hereinafter, "DOT") Title 49, Code of Federal Regulations, Part 21, as they may be amended from time to time, (hereinafter referred to as the “Regulations”), which are herein incorporated by reference and made a part of this Agreement. (2) Nondiscrimination: The Grantee, with regard to the Work performed by it during the Agreement, shall not discriminate on the grounds of race, color, national origin, or sex in the selection and retention of subgrantees, including procurements of materials and leases of equipment. The Grantee shall not participate either directly or indirectly in the discrimination prohibited by section 21.5 of the Regulations, including employment practices when the Agreement covers a program set forth in Appendix B of the Regulations. (3) Solicitations for Subgrantees, Including Procurements of Materials and Equipment: In all solicitations either by competitive bidding or negotiation made by the Grantee for Work to be performed under a subcontract, including procurements of materials or leases of equipment, each potential subgrantee or supplier shall be notified by the Grantee of the Grantee's obligations under this Agreement and the Regulations relative to nondiscrimination on the grounds of race, color, national origin or sex. (4) Information and Reports: The Grantee shall provide all information and reports required by the Regulations or directives issued pursuant thereto, and shall permit access to its books, records, accounts, other sources of information, and its facilities as may be determined by the Colorado Department of Transportation to be pertinent to ascertain compliance with such Regulations, orders and instructions. Where any information required of a Grantee is in the exclusive possession of another who fails or refuses to furnish this information the Grantee shall so certify to the Colorado Department of Transportation as appropriate, and shall set forth what efforts it has made to obtain the information. (5) Sanctions for Noncompliance: In the event of the Grantee's noncompliance with the nondiscrimination provisions of this Agreement, the Colorado Department of Transportation shall impose such contract sanctions as it may determine to be appropriate, including, but not limited to: (a) withholding of payments to the Grantee under the Agreement until the Grantee complies, and/or (b) cancellation, termination or suspension of the Agreement, in whole or in part. (6) Incorporation of Provisions: The Grantee shall include the provisions of paragraphs (1) through (6) in every subcontract, including procurements of materials and leases of equipment, unless exempt by the Regulations, or directives issued pursuant thereto. The Grantee shall take such action with respect to any subcontract or procurement as the Colorado Department of Transportation may direct as a means of enforcing such provisions including sanctions for non-compliance; provided, however, that, in the event a Grantee becomes involved in, or is threatened with, litigation with a subgrantee or supplier as a result of such direction, the Grantee may request the Colorado Department of Transportation to enter into such litigation to protect the interests of the Colorado Department of Transportation. Docusign Envelope ID: C3ABB337-AA79-44A0-8F60-64F75B5F9F57 The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Report To: Honorable Mayor Hall & Board of Trustees Through: Town Administrator Machalek From: Director Endsley Department: Town Administrator’s Office Date: July 22, 2025 Subject: Base Funding Report: Via Mobility Services No packet material has been provided for this item. The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees Through: Town Administrator Machalek From: Finance Director Tammy Zimmerman Department: Finance and Utilities Department, Water Division Date: Subject: Type: July 22, 2025 Ordinance 14-25 Acting By And Through Its Water Activity Enterprise, Authorizing the Execution and Delivery of a First Amendment to Construction Loan Agreement and Construction Loan Note, Series 2022A and Other Documents Related thereto in Connection with Rebuilding and Improving the Water Distribution System of the Former Prospect Mountain Water Company; and Declaring an Emergency Ordinance Objective: To authorize an emergency ordinance extending the maturity of the CoBank Construction Loan Note, Series 2022A, to allow additional time for refinancing through the United States Department of Agriculture- Rural Development (USDA-RD) Direct Loan proceeds. Present Situation: The Prospect Mountain Water reconstruction project is substantially underway and was originally financed through CoBank’s Construction Loan Note, Series 2022A, in the amount of $4,493,000. This loan was approved by the Town Board under Ordinance No. 15-22. Due to staffing transitions within USDA, the Town has been unable to close on the USDA-RD funding. Town Utility and Finance Department staff continue to actively coordinate with USDA at both the regional and national levels to finalize the Direct Loan agreement. This also includes securing USDA’s approval of the loan parity certificate for the separate Carriage Hills/Spruce knob project, financed through the Colorado Water Resources & Power Development Authority. To avoid default and protect the Town’s credit standing, a maturity extension is requested from CoBank, moving the current due date of August 1, 2025, to the later date of February 1, 2026. CoBank has agreed to continue variable interest rate terms and allow early repayment without penalty. Proposal: Staff recommends that the Board approve Emergency Ordinance 14-25, authorizing execution of the First Amendment to the Loan Agreement and Construction Loan Note, Series 2022A, and related documents. Advantages: A loan extension would allow the USDA sufficient time to finalize all necessary approvals and documents for refinancing, avoiding loan default and protecting Town’s cash reserves and creditworthiness. Disadvantages: Prospect Mountain property owners will be assessed the additional interest expense accrued under CoBank’s variable interest rate loan. The USDA-RD Direct Loan program offers a lower interest rate that was estimated to be 2.375% in 2022. The final interest cost is not yet known, as construction is ongoing and all project costs and savings will be evaluated upon completion. Action Recommended: Staff recommends approval of the Emergency Ordinance. Finance/Resource Impact: Current Impact: No change to the existing Loan funding budget of $4,493,000 in Water Fund account 503-000-388.40-00. Interest charges have exceeded the current budget of $165,083 in Water Fund Account 503-6700-470.41-02 by $14,098. A future budget amendment will be required to reflect this overage. Future Ongoing Impacts: Continued interest and future USDA-RD debt service payments will be allocated to Prospect Mountain property owners. A future budget amendment will be required to reflect these charges and assessments. Future One Time Impacts: This is not expected to impact future one-time costs. Level of Public Interest: Low Sample Motion: I move for the approval/denial of Ordinance 14-25. Attachments: 1. Ordinance 14-25 2. Construction Loan Amendment 3. Ordinance 15-22 Authorizing CoBank Series 2022a Loan 4. Construction Loan Note Series 2022a 5. Presentation 4926-2677-1026.3 TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE ORDINANCE NO. 14-25 AN ORDINANCE OF THE TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE, AUTHORIZING THE EXECUTION AND DELIVERY OF A FIRST AMENDMENT TO CONSTRUCTION LOAN AGREEMENT AND AN AMENDED CONSTRUCTION LOAN NOTE, SERIES 2022A AND OTHER DOCUMENTS RELATED THERETO IN CONNECTION WITH REBUILDING AND IMPROVING THE WATER DISTRIBUTION SYSTEM OF THE FORMER PROSPECT MOUNTAIN WATER COMPANY; AND DECLARING AN EMERGENCY. WHEREAS, the Town of Estes Park, Colorado (the “Town”) is a statutory town and political subdivision duly organized and existing pursuant to the constitution and laws of the State of Colorado; and WHEREAS, the Board of Trustees (the “Board”) of the Town has formally established a Water Activity Enterprise (the “Enterprise”) pursuant to Ordinance No. 08-99; and WHEREAS, the Town, acting by and through the Enterprise, operates and maintains a municipal water system within the Town and surrounding areas for the distribution of treated water; and WHEREAS, such municipal water system has been and continues to be operated by the Enterprise as a government-owned business, which is authorized to issue its own revenue bonds and receives under 10% of annual revenue in grants from all Colorado state and local governments combined, and the Enterprise is determined to be an enterprise within the meaning of Article X, Section 20 of the Colorado Constitution; and WHEREAS, the Town, acting by and through the Enterprise, provided treated water to the Prospect Mountain Water Company, Inc. (the “Company”) for years as a bulk water customer, and the Company distributed such water through its own distribution system (the “Prospect Mountain System”) to property owners in the Company’s service area; and WHEREAS, following the bankruptcy of the Company, the Town, acting by and through the Enterprise, and the Bankruptcy Trustee, acting for the Company, entered into a Voluntary Water System Transfer Agreement for the transfer of the Prospect Mountain System to the Town in order for the Town, acting by and through the Enterprise, to undertake the rebuilding and improvement of the Prospect Mountain System to Town standards (the “Project”); and WHEREAS, in order to provide funds to pay a portion of the costs of the Project, the Board, acting as the governing body of the Enterprise, entered into a Construction Loan Agreement (the “Loan Agreement”) with CoBank, ACB, as lender (the “Lender”), pursuant to which the Lender ATTACHMENT 1 2 4926-2677-1026.3 made an interim construction loan evidenced by the existing Construction Loan Note, Series 2022A (the “Existing Series 2022A Note”), which was executed and delivered by the Town, acting by and through the Enterprise, in a principal amount of $4,493,000.00; and WHEREAS, voter approval was not required under Article X, Section 20 of the Colorado Constitution for the execution of the Loan Agreement or the issuance of the Existing Series 2022A Note; and WHEREAS, the Existing Series 2022A Note was expected to be repaid to the Lender from the proceeds of a Direct Loan (the “USDA Direct Loan Proceeds”) to the Town, acting by and through the Enterprise, from the United States Department of Agriculture, acting through the United States Department of Agriculture–Rural Development (“USDA”); and WHEREAS, the Existing Series 2022A Note matures on August 1, 2025, and the USDA Direct Loan Proceeds will not be available to repay the Existing Series 2022A Note on or before such maturity date; and WHEREAS, the Lender has agreed to extend the maturity date of the Existing Series 2022A Note as provided in the First Amendment to Loan Agreement and to accept an amended Construction Loan Note, Series 2022A (the “Amended Series 2022A Note”) in exchange for the Existing Series 2022A Note; and WHEREAS, voter approval is not required for the execution and delivery of the First Amendment to Loan Agreement and the Amended Series 2022A Note; and WHEREAS, none of the members of the Board have any potential conflicting interests in connection with the execution and delivery of the First Amendment to Loan Agreement and Amended Series 2022A Note; and WHEREAS, the Board, acting as the governing body of the Enterprise, desires to authorize the execution of the First Amendment to Loan Agreement and the Amended Series 2022A Note, and other documents in connection therewith. BE IT HEREBY ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO, ACTING AS THE GOVERNING BODY OF ITS WATER ACTIVITY ENTERPRISE: Section 1. Definitions. Capitalized terms used herein and not otherwise defined shall have the same meanings, respectively, as provided in the Loan Agreement. In addition, as used herein, the following capitalized terms shall have the respective meanings set forth below, unless the context indicates otherwise: “Authorized Officer” means the Mayor, the Mayor Pro Tem, the Town Administrator, the Finance Director of the Town, or the Director of Utilities of the Town or any other person designated as an Authorized Officer by ordinance or resolution of the Board and submitted to the Lender. 3 4926-2677-1026.3 “USDA-RD” means the United States Department of Agriculture, acting through the United States Department of Agriculture-Rural Development, and its successors and assigns. Section 2. Authorization. The Town, acting by and through the Enterprise, shall enter into and deliver the First Amendment to Loan Agreement and the Amended Series 2022A Note in substantially the forms on file with the Town Clerk at this meeting, and perform its obligations thereunder. The Mayor or Mayor Pro Tem of the Town, acting as a member of the governing body of the Enterprise, is hereby authorized and directed to execute, and the Town Clerk or any deputy is authorized to attest and affix the seal of the Town to, the First Amendment to Loan Agreement and the Amended Series 2022A Note with the amended Maturity Date. The Town Treasurer is hereby authorized and directed to authenticate the Amended Series 2022A Note with the amended Maturity Date. Such Authorized Officers are further authorized and directed to execute such other documents, instruments or certificates as are deemed necessary or desirable in connection therewith. The execution of any instrument by said officials shall be conclusive evidence of the approval by the Town, acting by and through the Enterprise, of such instrument in accordance with the terms of such instrument and this Ordinance. Section 3. Note Details. The Town, acting by and through the Enterprise, shall deliver the Amended Series 2022A Note to the Lender in exchange for the Existing Series 2022A Note previously issued to the Lender. The Amended Series 2022A Note shall remain in an aggregate principal amount of $4,493,000.00, shall remain as originally dated, shall bear interest at a variable rate as originally provided in the Loan Agreement, and shall mature not later than the amended Maturity Date provided in the Loan Agreement, or earlier if the Amended Series 2022A Note is prepaid in full pursuant to the Loan Agreement and may be made subject to prepayment with or without prepayment penalty, as provided by the Loan Agreement and the Final Terms Certificate. Section 4. Enterprise Status. The Board hereby determines that the Enterprise is an “enterprise” within the meaning of Article X, Section 20 of the Colorado Constitution. The Town has and will continue to use its best efforts to maintain the System as an “enterprise” within the meaning of Article X, Section 20 of the Colorado Constitution, and the meaning of Title 37, Article 45.1, C.R.S. Section 5. Amendment of Ordinance. The Town shall not amend this Ordinance without the consent of the Lender. Section 6. Authorization To Execute Documents. The Authorized Officers shall and are hereby authorized and directed to take all actions necessary or appropriate to effectuate the provisions of this Ordinance, including, but not limited to, the execution of such documents, certificates and affidavits as may be reasonably required by the Lender or bond counsel to the Town. The execution by any Authorized Officer of any document authorized herein shall be conclusive proof of the approval by the Town of the terms thereof. The Town Clerk or any deputy is hereby authorized and directed to attest, as necessary, all signatures and acts of the Mayor or any official of the Board or the Town in connection with the matters authorized by this Ordinance, and to place the seal of the Town, as necessary, on the documents authorized and approved by this Ordinance and all other additional certificates, documents and other papers associated with the 4 4926-2677-1026.3 transactions and other matters authorized by this Ordinance. The Mayor, Mayor Pro Tem, the Town Administrator, the Finance Director of the Town and all other officials, employees and agents of the Board or the Town are hereby authorized to execute and deliver for and on behalf of the Town or the Enterprise any and all additional certificates, documents and other papers in connection with the transactions contemplated by this Ordinance, and to perform all other acts that they may deem necessary or appropriate in order to implement and carry out the transactions and other matters authorized or contemplated by this Ordinance. Section 7. Ratification of Prior Actions. All actions heretofore taken (not inconsistent with the provisions of this Ordinance) by the Board or by the officers and employees of the Town directed toward the undertaking of the Project, the execution of the Loan Agreement and the First Amendment to Loan Agreement, and the issuance of the Existing Series 2022A Note and the Amended Series 2022A Note, for the purposes herein set forth are hereby ratified, approved and confirmed. Section 8. Headings. The headings of the various sections and paragraphs in this Ordinance have been inserted solely for the convenience of the reader, are not a part of this Ordinance, and shall not be used in any manner to interpret this Ordinance. Section 9. Ordinance Irrepealable. This Ordinance shall constitute a contract between the Owner of the Amended Series 2022A Note, and the Town, acting by and through the Enterprise, and shall be and remain irrepealable until the Amended Series 2022A Note and the interest accruing thereon shall have been fully paid, satisfied, and discharged. Section 10. Severability. It is hereby expressly declared that all provisions hereof and their application are intended to be and are severable. In order to implement such intent, if any provision hereof or the application thereof is determined by a court or administrative body to be invalid or unenforceable, in whole or in part, such determination shall not affect, impair or invalidate any other provision hereof or the application of the provision in question to any other situation; and if any provision hereof or the application thereof is determined by a court or administrative body to be valid or enforceable only if its application is limited, its application shall be limited as required to most fully implement its purpose. Section 11. Repealer. All orders, bylaws, resolutions and ordinances of the Town, or parts thereof, inconsistent or in conflict with this Ordinance are hereby repealed to the extent only of such inconsistency or conflict. Section 12. Recording and Authentication. This Ordinance, immediately upon its passage, shall be recorded in the Town book of Ordinances kept for this purpose, and shall be authenticated by the signatures of the Mayor and the Town Clerk. Section 13. Emergency Declaration. The Board hereby declares that, because the maturity date of the Existing Series 2022A Note, as originally issued, is less than 30 days from the date hereof and the Town lacks the available funds, either from the USDA-RD or its own accounts, to pay the amount due on such Existing Series 2022A Note on the maturity date, that an emergency exists. The Board hereby further declares that, due to such emergency, this Ordinance is necessary 5 4926-2677-1026.3 to the immediate preservation of the public peace, welfare, health and safety of the residents of the Town and is being adopted as an emergency ordinance. 6 4926-2677-1026.3 INTRODUCED, READ BY TITLE, APPROVED AND ADOPTED BY THE AFFIRMATIVE VOTE OF ____ MEMBERS OF THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO, ACTING AS THE GOVERNING BODY OF ITS WATER ACTIVITY ENTERPRISE, THIS 22ND DAY OF JULY 2025. [SEAL] By Mayor ATTEST: By Town Clerk I hereby certify that the above Ordinance was introduced at a regular meeting of the Board of Trustees on the ___day of , 2025 and published by title in a newspaper of general circulation in the Town of Estes Park, Colorado, on the ____ day of _____, 2025, all as required by the Statutes of the State of Colorado. Town Clerk APPROVED AS TO FORM: By Daniel E. Kramer, Town Attorney By Richard L. Buddin, Bond Counsel 4918-4379-5539.2 FIRST AMENDMENT TO CONSTRUCTION LOAN AGREEMENT AND CONSTRUCTION LOAN NOTE, SERIES 2022A THIS FIRST AMENDMENT TO CONSTRUCTION LOAN AGREEMENT AND CONSTRUCTION LOAN NOTE, SERIES 2022A (this “First Amendment”), is made and entered into as of July ___, 2025 (the “Effective Date”), by and between the TOWN OF ESTES PARK, COLORADO (the “Town”), ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE (the “Enterprise”), and COBANK, ACB (the “Lender”). WHEREAS, the Town is a statutory town and political subdivision duly organized and existing pursuant to the constitution and laws of the State of Colorado; and WHEREAS, the Board of Trustees (the “Board”) of the Town has formally established the Enterprise pursuant to Ordinance No. 08-99; and WHEREAS, the Town, acting by and through the Enterprise, operates and maintains a municipal water system within the Town and surrounding areas for the distribution of treated water; and WHEREAS, such municipal water system has been and continues to be operated by the Enterprise as a government-owned business, which is authorized to issue its own revenue bonds and receives under 10% of annual revenue in grants from all Colorado state and local governments combined, and the Enterprise has been determined to be an enterprise within the meaning of Article X, Section 20 of the Colorado Constitution; and WHEREAS, the Town, acting by and through the Enterprise, provided treated water to the Prospect Mountain Water Company, Inc. (the “Company”) for years as a bulk water customer, and the Company distributed such water through its own distribution system (the “Prospect Mountain System”) to property owners in the Company’s service area; and WHEREAS, following the bankruptcy of the Company, the Town, acting by and through the Enterprise, and the Bankruptcy Trustee, acting for the Company, entered into a Voluntary Water System Transfer Agreement for the transfer of the Prospect Mountain System to the Town in order for the Town, acting by and through the Enterprise, to undertake the rebuilding and improvement of the Prospect Mountain System to Town standards (the “Project”); and WHEREAS, in order to provide funds to pay a portion of the costs of the Project, the Board, acting as the governing body of the Enterprise, entered into a Construction Loan Agreement (the “Loan Agreement”) with the Lender, pursuant to which the Lender made an interim construction loan evidenced by the existing Construction Loan Note, Series 2022A (the “Existing Series 2022A Note”), which was executed and delivered by the Town, acting by and through the Enterprise, in a principal amount of $4,493,000.00; and WHEREAS, voter approval was not required under Article X, Section 20 of the Colorado Constitution for the execution of the Loan Agreement or the issuance of the Existing Series 2022A Note; and ATTACHMENT 2 2 4918-4379-5539.2 WHEREAS, the Existing Series 2022A Note was expected to be repaid to the Lender from the proceeds of a Direct Loan (the “USDA Direct Loan Proceeds”) to the Town, acting by and through the Enterprise, from the United States Department of Agriculture, acting through the United States Department of Agriculture–Rural Development (“USDA”); and WHEREAS, the Existing Series 2022A Note matures on August 1, 2025, and the USDA Direct Loan Proceeds will not be available to repay the Existing Series 2022A Note on or before such maturity date; and WHEREAS, the Lender and the Town, acting by and through the Enterprise, have agreed to extend the maturity date of the Existing Series 2022A Note; and WHEREAS, the Town, acting by and through the Enterprise, and the Lender desire to extend the maturity date of the Existing Series 2022A Note by amending the Loan Agreement and the Existing Series 2022A Note as set forth in this First Amendment and exchanging the Existing Series 2022A Note for an amended Series 2022A Note (the “Amended Series 2022A Note”); and WHEREAS, voter approval is not required for the execution and delivery of this First Amendment and the Amended Series 2022A Note. NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, the parties hereto agree as follows: Section 1. Definitions. Capitalized terms used herein and not otherwise defined shall have the same meanings, respectively, as provided in the Loan Agreement. Section 2. Amendment of Maturity Date Definition in Section 1.01 of Loan Agreement. The definition of Maturity Date in Section 1.01 of the Loan Agreement is hereby amended and restated as follows: “ ‘Maturity Date’ means, with respect to the Series 2022A Note, the final scheduled maturity of principal of the Loan, i.e., February 1, 2026 or such later date as approved by the Lender in its discretion pursuant to a request for extension submitted to the Lender by the Borrower. Any extension of the Maturity Date must be requested by the Borrower to the Lender prior to the Maturity Date and shall be subject to an opinion of Bond Counsel to the effect that such extension will not cause interest on the Series 2022A Note to be included in gross income for federal income tax purposes. The Maturity Date shall not exceed the estimated life of the Project, but in no event beyond 40 years from the date of the Series 2022A Note.” Section 3. Amendment of Final Principal Payment Date in Exhibit A of the Loan Agreement. The form of the Existing Series 2022A Note, attached to the Loan Agreement as Exhibit A, is hereby amended to replace the original Final Principal Payment Date of August 1, 2025 with the amended Final Principal Payment Date of February 1, 2026 and to make conforming amendments therein, and the Town, acting by and through the Enterprise, shall issue to the Lender the Amended Series 2022A Note in substantially the form attached hereto as Exhibit A. 3 4918-4379-5539.2 Section 4. Lender Consent. The Lender hereby acknowledges and consents to this First Amendment in accordance with the requirements of Section 7.21 of the Loan Agreement and waives any notice or other requirements related thereto. Section 5. Delivery of Amended Series 2022A Note. The Town, acting by and through the Enterprise, shall deliver to the Lender a fully executed and authenticated Amended Series 2022A Note with the amended Final Principal Payment Date as shown on Exhibit A hereto, in exchange for the Existing Series 2022A Note originally delivered to the Lender. The Existing Series 2022A Note shall be returned to the Town or its bond counsel promptly following the delivery of the Amended Series 2022A Note to the Lender. Section 6. Conditions Precedent to this First Amendment. The agreement of the Lender to enter into this First Amendment is subject to the conditions precedent that the Lender shall have received or waived the requirement for the following, in form and substance satisfactory to the Lender: (a) this First Amendment, properly executed by the Town, acting by and through the Enterprise, and by the Lender; (b) the Amended Series 2022A Note, properly executed and authenticated by the Town, acting by and through the Enterprise; (c) an executed copy of the ordinance of Town, acting by and through the Enterprise, authorizing the execution, delivery and performance of this First Amendment and the issuance of the Amended Series 2022A Note; (d) an opinion of Bond Counsel to the effect that the extension of the maturity date of the Loan, as provided in the Amended Series 2022A Note, will not cause interest on the Existing Series 2022A Note or the Amended Series 2022A Note to be includable in gross income for federal income tax purposes; and (e) any other documents or items required by the Lender. Section 7. Effective Date. This First Amendment shall be effective from and after the Effective Date stated above. Section 8. Original Loan Agreement in Full Force and Effect. The original Loan Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its terms and hereby is ratified and confirmed in all respects. Section 9. Counterparts. This First Amendment may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. Section 10. Agreement to Pay Costs. The Town, acting by and through the Enterprise, hereby agrees to pay, or cause to be paid, all costs associated with the preparation, review, and delivery of this First Amendment, including the fees and expenses of counsel to Lender. 4 4918-4379-5539.2 Section 11. Further Assurances. The parties hereto hereby agree that they will, from time to time, execute, acknowledge, and deliver, or cause to be executed, acknowledged, and delivered, such further acts, instruments, conveyances, transfers, and assurances, as either of them reasonably deems necessary or advisable for the implementation, correction, confirmation, or perfection of this First Amendment and any rights of such party as contemplated hereunder. 5 4918-4379-5539.2 IN WITNESS WHEREOF, the Town, acting by and through the Enterprise, and the Lender have caused this First Amendment to be duly executed and attested, all as of the day and year first above written. [SEAL] TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE By Mayor Attested: By Town Clerk COBANK, ACB, as Lender By Authorized Representative APPROVED AS TO FORM: By: Daniel E. Kramer, Town Attorney By: Richard L. Buddin, Bond Counsel 4918-4379-5539.2 EXHIBIT A FORM OF SERIES 2022A NOTE THIS SERIES 2022A NOTE WAS ISSUED AS AN EXEMPT SECURITY OR IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED. UNDER NO CIRCUMSTANCES SHALL THIS SERIES 2022A NOTE BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED OR DISPOSED OF EXCEPT IN THE MANNER PROVIDED IN SECTION 7.12 OF THE AGREEMENT AND THE NOTE ORDINANCE PURSUANT TO WHICH IT WAS ISSUED AND IN COMPLIANCE WITH APPLICABLE STATE AND FEDERAL SECURITIES LAWS. ANY TRANSFER OR PURPORTED TRANSFER IN VIOLATION OF SUCH SECTIONS OR SUCH LAWS SHALL BE VOID AND OF NO EFFECT. UNITED STATES OF AMERICA STATE OF COLORADO COUNTY OF LARIMER TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE CONSTRUCTION LOAN NOTE (PROSPECT MOUNTAIN WATER DISTRIBUTION PROJECT) SERIES 2022A No. 00138635T01 Not to Exceed $4,493,000.00 Variable February 1, 2026 October 11, 2022 REGISTERED OWNER: COBANK, ACB PRINCIPAL SUM: NOT TO EXCEED FOUR MILLION FOUR HUNDRED NINETY-THREE THOUSAND DOLLARS The Town of Estes Park, Colorado, acting by and through its Water Activity Enterprise (the “Borrower”), for value received, hereby promises to pay, in lawful money of the United States of America, to the Registered Owner specified above (the “Lender”) or registered assigns, on the final principal payment date specified above (the “Maturity Date”), unless the maturity of this Series 2022A Note is extended by the Lender or unless this Series 2022A Note shall be prepaid and payment of the prepayment price made or provided for, but solely from the sources hereinafter A-2 4918-4379-5539.2 identified, the Principal Sum specified above (or so much thereof as has been advanced by the Lender (the “Principal Balance”)) and to pay interest on such Principal Balance in like manner, but solely from the sources hereinafter identified, at the interest rate equal to the Benchmark (initially, the Daily Simple SOFR Rate) (both as defined in the Agreement defined hereinafter) payable on the Payment Date. As used herein, the term “Payment Date” means (a) February 1 and August 1 of each year for the payment of interest on this Series 2022A Note in arrears, commencing February 1, 2023 and including the Maturity Date (or earlier, if this Series 2022A Note shall be prepaid pursuant to the terms of the Agreement) and (b) the Maturity Date and any other date on which the principal of this Series 2022A Note or any portion thereof is required to be repaid or prepaid under the terms of the Agreement. This Series 2022A Note shall bear interest at a variable interest rate, calculated as provided in the Agreement (as defined hereinafter) on the actual number of days this Series 2022A Note is Outstanding on the basis of a year consisting of 360 days, through and including the Maturity Date. The Maturity Date may (at the sole discretion of the Lender) be extended as provided in the Agreement (as defined hereinafter). Interest payments hereon shall be made to the Registered Owner hereof appearing on the registration books of the Borrower maintained by the Town Treasurer as note registrar (the “Note Registrar”) by check or draft or at the request of the Registered Owner, by wire transfer or automated clearing house (ACH) payment to a bank account number maintained by such Registered Owner in the United States of America and designated in written instructions given to the Note Registrar at least fifteen (15) days prior to a Payment Date. This Series 2022A Note is issued by the Borrower in anticipation of the receipt of the USDA Direct Loan (as defined in the Agreement) to be received by the Borrower and in conformity with ordinances of the Borrower (collectively, the “Note Ordinance”) and a Construction Loan Agreement dated as of October 11, 2022, as amended by the First Amendment to Construction Loan Agreement dated July __, 2025 (together, the “Agreement”), by and between the Borrower and the Lender, and reference is hereby made to the Note Ordinance and the Agreement for a more complete statement as to the source of payment of the Series 2022A Note and the rights of the Lender as Owner of the Series 2022A Note. The proceeds of the Series 2022A Note will be used to: (i) finance the rebuilding and upgrading of the water distribution system of the former Prospect Mountain Water Company to Town standards by the Borrower (the “Project”); (ii) fund capitalized interest, if any; and (iii) pay the costs of issuance of this Series 2022A Note, each to the extent approved in writing by USDA-RD. This Series 2022A Note, including the interest hereon, is a limited obligation of the Borrower payable solely from the future proceeds of the USDA Direct Loan, the Net Revenues and any other legally available moneys of the Borrower authorized for such use under the Agreement. This Series 2022A Note and the interest hereon are not payable in any manner by taxation and do not constitute a debt of the Town of Estes Park, Colorado (the “Town”), within the meaning of any constitutional or statutory provision. Reference is hereby made to the Agreement for a description of the rights, duties and obligations of the Borrower, the Town, the Lender, the Owner of this Series 2022A Note, the terms upon which this Series 2022A Note is sold and the terms and conditions upon which this Series 2022A Note will be paid at or prior to maturity, or will be deemed to be paid upon the A-3 4918-4379-5539.2 making of provision for payment. Any capitalized term used in this Series 2022A Note but not defined in this Series 2022A Note is used with the meaning set forth in the Agreement. This Series 2022A Note may only be transferred or exchanged at the principal office of the Note Registrar and only as provided in the Note Ordinance and the Agreement. The transferring Owner shall pay any reasonable costs of the Borrower incurred in connection with the transfer of this Series 2022A Note. This Series 2022A Note shall not be valid or become obligatory for any purpose or be entitled to the security or benefit of the Note Ordinance until the Certificate of Authentication hereon shall have been signed by the Note Registrar. This Series 2022A Note is issued pursuant to the Supplemental Public Securities Act, Part 2 of Article 57 of Title 11, C.R.S., and such recital shall be conclusive evidence of the validity and the regularity of issuance of this Series 2022A Note after its delivery for value. It is hereby certified and recited that all acts, conditions and things required by the laws and Constitution of the State of Colorado, to exist, to be done or to be performed precedent to the lawful issue of this Series 2022A Note do exist and have been done and performed in regular and due form, time and manner. IN WITNESS WHEREOF, the Town of Estes Park, Colorado, acting by and through its Water Activity Enterprise, has caused this Series 2022A Note to be executed with the duly authorized manual signature of the Mayor, to be sealed with the seal of the Town or a facsimile thereof and to be attested by the manual signature of the Town Clerk, all as of the Dated Date set out above. (SEAL) TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE By Mayor Attest: By Town Clerk A-4 4918-4379-5539.2 CERTIFICATE OF AUTHENTICATION This is the Series 2022A Note delivered pursuant to the Note Ordinance mentioned within. Date of Authentication: __________ __, 202_ Town Treasurer, as Note Registrar By: The following abbreviations, when used in the inscription on the face of this Series 2022A Note, shall be construed as though they were written out in full according to applicable laws or regulations: TEN COM - as tenants in common, TEN ENT - as tenants by the entireties, JT TEN - as joint tenants with right of survivorship and not as tenants in common. Additional abbreviations may also be used though not in the above list. A-5 4918-4379-5539.2 FORM OF ASSIGNMENT FOR VALUE RECEIVED the undersigned hereby sells, assigns, and transfers unto ______________________________________________________________________________ the within Series 2022A Note and all rights thereunder, and hereby irrevocably constitutes and appoints ___________________________________________ attorney to transfer the within Series 2022A Note on the books kept for registration thereof, with full power of substitution in the premises. Dated: _______________________ NOTICE: The signature to this Assignment must correspond with the name as it appears upon the face of the within Series 2022A Note in every particular, without alteration or any change whatever. Signature: ________________________ PLEASE INSERT TAX IDENTIFICATION OR SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE ___________________________________________________ TOWN OF ESTES PARK, COLORADO ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE ORDINANCE NO. -22 AN ORDINANCE OF THE TOWN OF ESTES PARK, COLORADO, ACTING BY AND THROUGH ITS WATER ACTIVITY ENTERPRISE, AUTHORIZING THE EXECUTION AND DELIVERY OF A CONSTRUCTION LOAN AGREEMENT AND A CONSTRUCTION LOAN NOTE, SERIES 2022A AND OTHER DOCUMENTS RELATED THERETO IN CONNECTION WITH REBUILDING AND IMPROVING THE WATER DISTRIBUTION SYSTEM OF THE FORMER PROSPECT MOUNTAIN WATER COMPANY; AND DECLARING AN EMERGENCY. WHEREAS, the Town of Estes Park, Colorado (the "Town") is a statutory town and political subdivision duly organized and existing pursuant to the constitution and laws of the State of Colorado; and WHEREAS, the Board of Trustees (the "Board") of the Town has formally established a Water Activity Enterprise (the "Enterprise") pursuant to Ordinance No. 08- 99; and WHEREAS, the Town, acting by and through the Enterprise operates and maintains a municipal water system within the Town and surrounding areas for the distribution of treated water; and WHEREAS, such municipal water system has been and continues to be operated by the Enterprise as a government -owned business, which is authorized to issue its own revenue bonds and receives under 10% of annual revenue in grants from all Colorado state and local governments combined, and the Enterprise is determined to be an enterprise within the meaning of Article X, Section 20 of the Colorado Constitution; and WHEREAS, the Town, acting by and through the Enterprise, provided treated water to the Prospect Mountain Water Company, Inc. (the "Company") for years as a bulk water customer, and the Company distributed such water through its own distribution system (the Prospect Mountain System") to property owners in the Company's service area; and WHEREAS, on April 22, 2015, the Company filed a Chapter 7 Bankruptcy petition under the United States Bankruptcy Code with the United States Bankruptcy Court for the District of Colorado, and a trustee (the "Bankruptcy Trustee") was appointed to manage the Company; and WHEREAS, on March 8, 2016, the Town and the Bankruptcy Trustee, acting for the Company, entered into an agreement for the Town to maintain and operate the Prospect Mountain System; and 4892-0122-8063.3 ATTACHMENT 3 WHEREAS, the Prospect Mountain System has exceeded its useful life and needs to be replaced in order to provide improved water quality, water pressure and fire flow volume, and to meet Town standards and requirements for water distribution systems; and WHEREAS, on February 26, 2019, the Town, acting by and through the Enterprise, and the Bankruptcy Trustee, acting for the Company, entered into a Voluntary Water System Transfer Agreement for the transfer of the Prospect Mountain System to the Town in order for the Town, acting by and through the Enterprise, to undertake the rebuilding and improvement of the Prospect Mountain System to Town standards (the "Project"); and WHEREAS, in order to provide funds to pay a portion of the costs of the Project, the Board, acting as the governing body of the Enterprise, has determined to enter into a Construction Loan Agreement (the "Loan Agreement") with CoBank, ACB, as lender (the Lender"), pursuant to which the Lender is to make an interim construction loan evidenced by the Construction Loan Note, Series 2022A (the "Series 2022A Note"), to be executed and delivered by the Town, acting by and through the Enterprise, in a principal amount equal to the amount drawn on the Series 2022A Note, but not to exceed $4,493,000.00, to be issued to the Lender in anticipation of the receipt of, and payable from, the proceeds of the USDA Direct Loan, as hereinafter defined (the "USDA Direct Loan Proceeds") and, if necessary, from the Net Revenues (defined below); and WHEREAS, the USDA Direct Loan Proceeds are expected to be received by the Town, acting by and through the Enterprise, upon completion of the Project pursuant to and in accordance with a Letter of Conditions provided by USDA-RD (as more particularly described in the Loan Agreement, the "Letter of Conditions"); and WHEREAS, the Series 2022A Note shall have a lien on the Net Revenues, and an exclusive first lien on the USDA Direct Loan Proceeds, all as described in the Loan Agreement; and WHEREAS, voter approval is not required under Article X, Section 20 of the Colorado Constitution for the execution of the Loan Agreement or the issuance of the Series 2022A Note; and WHEREAS, none of the members of the Board have any potential conflicting interests in connection with the execution and delivery of the Loan Agreement, the authorization, issuance or delivery of the Series 2022A Note, or the use of the proceeds thereof; and WHEREAS, the Board, acting as the governing body of the Enterprise, desires to authorize the issuance and sale of the Series 2022A Note and the execution of the Loan Agreement and other documents in connection therewith. BE IT HEREBY ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO, ACTING AS THE GOVERNING BODY OF ITS WATER ACTIVITY ENTERPRISE: Section 1. Definitions. Capitalized terms used herein and not otherwise defined shall have the same meanings, respectively, as provided in the Loan Agreement. In addition, as used 2 4892-0122-8063.3 herein, the following capitalized terms shall have the respective meanings set forth below, unless the context indicates otherwise: Authorized Officer" means the Mayor, the Mayor Pro Tem, the Town Administrator, the Finance Director of the Town, or the Director of Utilities of the Town or any other person designated as an Authorized Officer by ordinance or resolution of the Board and submitted to the Lender. C.R.S." means the Colorado Revised Statutes, as amended and supplemented as of the date hereof. Enabling Law" means Part 2 of Article 57 of Title 11, Colorado Revised Statutes, as amended; Part 4 of Article 35 of Title 31, Colorado Revised Statutes, as amended; Part 1 of Article 45.1 of Title 37, Colorado Revised Statutes, as amended, and all other laws of the State establishing the power of the Town to complete the financing contemplated by this Ordinance. Final Terms Certificate" means a certificate of the Mayor, the Town Administrator, or the Finance Director of the Town, dated on or before the Closing Date, confirming the final details of the Series 2022A Note. Ordinance" or "Note Ordinance" means this Ordinance, which authorizes the issuance of the Series 2022A Note and the execution and delivery of the Loan Agreement, including any amendments hereto. Paying Agent" means the Treasurer of the Town, acting as the paying agent and registrar of the Series 2022A Note. Payment Date" means the date or dates provided in the Final Terms Certificate. USDA Direct Loan" means the future loan of funds by USDA-RD to the Town, acting by and through the Enterprise, to be made in a principal amount not to exceed the amount of such loan as provided in the Letter of Conditions. USDA-RD" means the United States Department of Agriculture, acting through the United States Department of Agriculture -Rural Development, and its successors and assigns. Section 2. Authorization. Pursuant to and in accordance with the Enabling Law, the Town, acting by and through the Enterprise, shall enter into and deliver the Loan Agreement and execute and deliver the Series 2022A Note, and perform its obligations thereunder, in substantially the forms presented at this meeting with only such changes as are not inconsistent herewith and as are approved by the Town Attorney and bond counsel to the Town to effectuate the intentions of the parties or to comply with applicable law. The Series 2022A Note shall be sold to the Lender at a private sale, pursuant to the terms and subject to the conditions provided in the Loan Agreement. The Mayor or Mayor Pro Tem of the Town, acting as a member of the governing body of the Enterprise, is hereby authorized and directed to execute, and the Town Clerk or any deputy is authorized to authenticate and affix the seal of the Town to, the Loan Agreement and the 3 4892-0122-8063.3 Series 2022A Note, and further to execute and authenticate such other documents, instruments or certificates as are deemed necessary or desirable in connection therewith. Such documents are to be executed in substantially the form hereinabove approved, provided that such documents may be completed, corrected or revised as deemed necessary by the parties thereto in order to carry out the purposes of this Ordinance. The execution of any instrument by said officials shall be conclusive evidence of the approval by the Town, acting by and through the Enterprise, of such instrument in accordance with the terms of such instrument and this Ordinance. Section 3. Note Details. The Board hereby approves the Project and, for the purpose of providing interim financing for the Project, the Board, acting by and through the Enterprise, shall issue the Series 2022A Note to the Lender. The Series 2022A Note shall be substantially in the form and subject to the terms specified in the Loan Agreement and the Final Terms Certificate. All of the covenants, statements, representations and agreements contained in the Series 2022A Note and the Loan Agreement are hereby approved and adopted as the covenants, statements, representations and agreements of the Town, acting by and through the Enterprise. The Series 2022A Note shall be issued in an aggregate principal amount not to exceed $4,493,000.00 and dated as provided in the Loan Agreement and the Final Terms Certificate. The Series 2022A Note shall bear interest at a variable rate as provided in the Loan Agreement, payable on each Payment Date, and shall mature not later than the Maturity Date provided in the Loan Agreement, or earlier if the Series 2022A Note is prepaid in full pursuant to the Loan Agreement and may be made subject to prepayment with or without prepayment penalty, as provided by the Loan Agreement and the Final Terms Certificate. A maximum net effective interest rate need not be specified herein because the Lender has represented to the Town that it is an institution of the Farm Credit System within the meaning of Chapter 23 of Title 12 of the U.S. Code. Accordingly, if CoBank, ACB, is the lender of the loan represented by the Series 2022A Note, the interest rate on the Series 2022A Note shall be subject to the provisions of 12 U.S.C. 2205 and shall not be subject to any interest rate limitation imposed by the constitution or laws of the State of Colorado or this Ordinance. All other details regarding the Series 2022A Note, not inconsistent herewith, shall be determined and certified by the Final Terms Certificate. Section 4. Transfer and Exchange; Transfer Restrictions. Neither the rights or obligations of the Town, acting by and through the Enterprise, under the Loan Agreement nor any interest therein may be assigned or delegated by the Town without the prior written consent of the Lender. The Series 2022A Note may be transferred or exchanged at the principal office of the Paying Agent or at such other location designated by the Paying Agent for such purpose, in whole or in part, for a Series 2022A Note or Notes in a like principal amount of the same Maturity Date and interest rate, upon payment by the transferee of any tax or governmental charge required to be paid with respect to such transfer or exchange. Upon surrender for transfer of the Series 2022A Note, duly endorsed for transfer or accompanied by an assignment duly executed by the Owner or his or her attorney duly authorized in writing, the Town, acting by and through the Enterprise, shall execute and the Paying Agent shall authenticate and deliver in the name of the transferee a new Series 2022A Note. The transferring Owner shall pay any reasonable costs of the Town, acting by and through the Enterprise, incurred in connection with the transfer of the Series 2022A Note. 4 4892-0122-8063.3 Notwithstanding the procedure described in the immediately preceding paragraph and except as expressly permitted by the Loan Agreement, neither the Series 2022A Note nor any interest therein shall be transferred by the Lender or any subsequent Owner unless the transferee is a Qualified Institutional Buyer or Accredited Investor within the meaning of Regulation D under the Securities Act of 1933 and the transferee delivers to the Town a lender letter in substantially the form set forth in Exhibit C to the Loan Agreement. Any transfer or purported transfer of any interest in the Series 2022A Note in violation of the foregoing shall be void and the Town shall have no obligation to recognize the ownership interest of, take any action on behalf of or make any payment to, the transferee or purported transferee. Section 5. Source of Payment. The Series 2022A Note shall be a special, limited obligation of the Town, acting by and through the Enterprise, payable solely out of the proceeds of the Series 2022A Note, the Net Revenues allocated as provided in Section 4.09 of the Loan Agreement, USDA Direct Loan Proceeds and all amounts held in any Fund or Account established by the Loan Agreement (except the Rebate Fund), including investments thereof, and shall never constitute a general obligation of the Town, and the full faith and credit of the Town is not pledged therefor. The creation, perfection, enforcement and priority of the pledge of the Net Revenues and the USDA Direct Loan Proceeds to secure or pay the Series 2022A Note shall be governed by Section 11-57-208 of the hereinafter defined Supplemental Public Securities Act, and by this Ordinance. The Net Revenues and the USDA Direct Loan Proceeds pledged for the payment of the Series 2022A Note, as received by or otherwise credited to the Town, acting by and through the Enterprise, shall immediately be subject to the lien and pledge of the Loan Agreement and this Ordinance without any physical delivery, filing or further act. Except as expressly provided in the Loan Agreement, the lien of such pledge of the Net Revenues and the USDA Direct Loan Proceeds for payment of the Series 2022A Note and the obligation to perform the contractual provisions made herein and in the Loan Agreement shall have priority over any or all other obligations and liabilities of the Town, acting by and through the Enterprise. The lien of such pledge shall be valid, binding and enforceable as against all persons having claims of any kind in tort, contract or otherwise against the Town, acting by and through the Enterprise, irrespective of whether such persons have notice of such liens. Section 6. Application of the Supplemental Public Securities Act; Final Terms Certificate. The Town, acting by and through the Enterprise, hereby elects to apply the provisions of Title 11, Article 57, Part 2, C.R.S. (the "Supplemental Public Securities Act"), to the Series 2022A Note to the extent not inconsistent with the express provisions of this Ordinance. Pursuant to the Supplemental Public Securities Act, there is hereby delegated to the Mayor, the Town Administrator or the Finance Director of the Town the authority to confirm, by the Final Terms Certificate, the final terms of the Series 2022A Note within the parameters authorized by this Ordinance, including but not limited to: (a) the selection of the Lender and the acceptance of any term sheet provided by the Lender; (b) interest rate or rates (including any variable rate of interest and spread applicable thereto) of the Series 2022A Note; (c) the conditions on which and the price at which the Series 2022A Note may be redeemed before maturity; (d) the price at which the Series 2022A Note will be sold; (e) the final principal amount of the Series 2022A Note and the denomination of the Series 2022A Note; (f) the final amortization schedule for the Series 2022A Note; and (g) the Maturity Date and principal and interest payment dates. 5 4892-0122-8063.3 Section 7. Enterprise Status. The Board hereby determines that the Enterprise is an enterprise" within the meaning of Article X, Section 20 of the Colorado Constitution. The Town has and will continue to use its best efforts to maintain the System as an "enterprise" within the meaning Article X, Section 20 of the Colorado Constitution, and the meaning of Title 37, Article 45.1, C.R.S. Section 8. Amendment of Ordinance. After the Series 2022A Note is issued, the Town shall not amend this Ordinance except as provided in the Loan Agreement. Section 9. Authorization To Execute Documents. The Authorized Officers shall and are hereby authorized and directed to take all actions necessary or appropriate to effectuate the provisions of this Ordinance, including, but not limited to, the execution of such documents, certificates and affidavits as may be reasonably required by the Lender or bond counsel to the Town. The execution by any Authorized Officer of any document authorized herein shall be conclusive proof of the approval by the Town of the terms thereof. The Town Clerk or any deputy is hereby authorized and directed to attest, as necessary, all signatures and acts of the Mayor or any official of the Board or the Town in connection with the matters authorized by this Ordinance, and to place the seal of the Town, as necessary, on the documents authorized and approved by this Ordinance and all other additional certificates, documents and other papers associated with the transactions and other matters authorized by this Ordinance. The Mayor, Mayor Pro Tem, the Town Administrator, the Finance Director of the Town and all other officials, employees and agents of the Board or the Town are hereby authorized to execute and deliver for and on behalf of the Town or the Enterprise any and all additional certificates, documents and other papers in connection with the transactions contemplated by this Ordinance, and to perform all other acts that they may deem necessary or appropriate in order to implement and carry out the transactions and other matters authorized or contemplated by this Ordinance. The Authorized Officers identified in Section 1 hereof are each hereby determined to each be an Authorized Officer for the purpose of performing acts or executing documents relating to the Series 2022A Note and the Loan Agreement and the loan evidenced by such documents. Section 10. Costs and Expenses. All costs and expenses incurred in connection with the issuance and payment of the Series 2022A Note shall be paid either from the proceeds of the Series 2022A Note or from legally available moneys of the Town, acting by and through the Enterprise, if any, or from a combination thereof, and such moneys are hereby appropriated for that purpose. Section 11. No Recourse Against Officers and Agents. Pursuant to Section 11-57-209, C.R.S., if a member of the Board, or any officer or agent of the Town, acts in good faith, no civil recourse shall be available against such member, officer or agent for payment of the principal of or interest on the Series 2022A Note. Such recourse shall not be available either directly or indirectly through the Town, or otherwise, whether by virtue of any constitution, statute, rule of law, enforcement of penalty, or otherwise. By the acceptance of the Series 2022A Note and as a part of the consideration for its sale or purchase, any person purchasing or selling such Series 2022A Note specifically waives any such recourse. 6 4892-0122-8063.3 Section 12. Limitation of Actions. The Board elects to apply all of the provisions of the Supplemental Public Securities Act to the execution of the Loan Agreement and to the issuance of the Series 2022A Note. Pursuant Section 11-57-212, Colorado Revised Statutes, no action or proceeding concerning the issuance of the Series 2022A Note shall be maintained against the Town unless commenced within 30 days after the date of passage of this Ordinance. Section 13. Ratification of Prior Actions. All actions heretofore taken (not inconsistent with the provisions of this Ordinance) by the Board or by the officers and employees of the Town directed toward the undertaking of the Project and the issuance of the Series 2022A Note for the purposes herein set forth are hereby ratified, approved and confirmed. Section 14. Headings. The headings of the various sections and paragraphs in this Ordinance have been inserted solely for the convenience of the reader, are not a part of this Ordinance, and shall not be used in any manner to interpret this Ordinance. Section 15. Ordinance Irrepealable. After the Series 2022A Note has been issued, this Ordinance shall constitute a contract between the Owner of the Series 2022A Note and the Town, acting by and through the Enterprise, and shall be and remain irrepealable until the Series 2022A Note and the interest accruing thereon shall have been fully paid, satisfied, and discharged, as herein provided. Section 16. Severability. It is hereby expressly declared that all provisions hereof and their application are intended to be and are severable. In order to implement such intent, if any provision hereof or the application thereof is determined by a court or administrative body to be invalid or unenforceable, in whole or in part, such determination shall not affect, impair or invalidate any other provision hereof or the application of the provision in question to any other situation; and if any provision hereof or the application thereof is determined by a court or administrative body to be valid or enforceable only if its application is limited, its application shall be limited as required to most fully implement its purpose. Section 17. Repealer. All orders, bylaws, resolutions and ordinances of the Town, or parts thereof, inconsistent or in conflict with this Ordinance are hereby repealed to the extent only of such inconsistency or conflict. Section 18. Recording and Authentication. This Ordinance, immediately upon its passage, shall be recorded in the Town book of Ordinances kept for this purpose, and shall be authenticated by the signatures of the Mayor and the Town Clerk. Section 19. Emergency Declaration. The Board hereby declares that, because the bid of the contractor for the Project must be accepted by the Town, acting by and through the Enterprise, by a date that is less than thirty days after the date hereof and the Project cannot be commenced until the contractor's bid for the Project is accepted, an emergency exists. The Board hereby further declares that, due to such emergency, this Ordinance is necessary to the immediate preservation of the public peace, welfare, health and safety of the residents of the Town and is being adopted as an emergency ordinance. 7 4892-0122-8063.3 INTRODUCED, READ BY TITLE, APPROVED AND ADOPTED BY THE AFFIRMATIVE VOTE OF (,S) MEMBERS OF THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO, ACTING AS THE GOVERNING BODY OF ITS WATER ACTIVITY ENTERPRISE THIS 29TH DAY OF SEPTEMBER 2022. By ATTEST: I hereby certify that the above Ordinance was introduced at a special meeting of the Board of Trustees on the "n"1 day of SR,ryt: bt, 2022 and published by title in a newspaper of general circulation in the Town of Estes Park, Colorado, on —144' the day of (3-00,E.LL , 2022, all as required by the Statutes of the State of Colorado. APPROVED AS TO FORM: By Daniel E. Kramer, Town Attorney By Richard L. Buddin, Bond Counsel Town Clerk 8 4892-0122-8063.3 ATTACHMENT 4 7/16/2025 1 Prospect Mountain Reconstruction Financing Timeline Prospect Mountain Reconstruction Financing Financing • $10,535,000 – U.S. Department of Agriculture Rural Development (USDA-RD) Grant agreement • $4,763,000 - CoBank Construction Loan to be refinanced under USDA- RD’s Direct Loan Program • $245,000 - Applicant cost • $25,000 - Department of Local Affairs (DOLA) Grant • $502,000 - Contingency added; property owners responsible (Resolution 72-25) Total $15,800,000 1 2 ATTACHMENT 5 7/16/2025 2 Prospect Mountain Reconstruction Project Timeline •2015 - Prospect Mountain Water Company files for Bankruptcy •2018 - Public Meetings held with property owners •2020 - Project Budget approved, including USDA-RD loan and grant •2021 – Town approves Eminent Domain Resolution •2022 - CoBank Construction Loan agreement executed; project bid approved •March 2025 - USDA delays parity loan certificate signoff for Carriage Hills/Spruce Knob (CH/SK) due to internal staff disruptions •July 2025 - Conditional award issued to CH/SK project bidder; USDA parity signoff required to close financing •August 2025 - CoBank Loan for Prospect Mountain maturity deadline •February 2026 – CoBank loan extended; refinancing anticipated through USDA-RD Direct Loan program Prospect Mountain Reconstruction Project CoBank Construction Loan Amendment Questions? 3 4 The Town of Estes Park is committed to providing equitable access to our services. Contact us if you need any assistance accessing material at 970-577-4777 or townclerk@estes.org. Memo To: Honorable Mayor Hall & Board of Trustees From: Town Administrator Machalek Department: Town Administrator Date: July 22, 2025 Subject: Resolution 76-25 Sunsetting the Transportation Advisory Board Type: Resolution Objective: Town Board consideration of a resolution to sunset the Transportation Advisory Board. Present Situation: At the July 8th Town Board Meeting, the Board discussed and indicated interest in sunsetting the Transportation Advisory Board (TAB). Town Board discussion at that meeting confirmed the Town’s ongoing commitment to addressing transportation and acknowledged the talent and dedication of TAB members past and present. Trustees also discussed methods other than advisory boards to solicit community input, including focus groups. Proposal: Resolution 76-25 formally sunsets the Transportation Advisory Board. Advantages: • Community members will be encouraged to provide input on transportation matters directly to elected members of the Town Board. • Additional forms of community engagement, including focus groups, are under consideration by the Board and may be resourced with time currently committed to supporting TAB. Disadvantages: • Some TAB and community members have raised concerns that sunsetting the TAB would reduce the Town’s focus on transportation related issues and create the perception that the Town does not prioritize all transportation issues. Action Recommended: I recommend approval of Resolution 76-25. Finance/Resource Impact: No direct financial impact identified. Staff resources that currently support TAB will be available for other Town priorities if the Board approves Resolution 76-25. Level of Public Interest: High. Sample Motion: I move for the approval/denial of Resolution 76-25. Attachments: 1. Resolution 76-25 RESOLUTION 76-25 SUNSETTING THE TRANSPORTATION ADVISORY BOARD WHEREAS, the Town Board may sunset non-statutorily required Town Committees as outlined in Board Policy 102; and WHEREAS, the Transportation Advisory Board (TAB) has achieved great success in advising Town Board and Staff on issues and projects that initially led to the creation of the TAB; and WHEREAS, the lack of clarity with respect to the role and responsibilities of the TAB vis-à-vis the Town Board has become a challenge; and WHEREAS, there may be other opportunities to convene task-oriented ad-hoc committees moving forward when particular transportation related issues arise; and WHEREAS, the Town Board has established that the TAB is no longer necessary for the efficient and effective operation of the Town of Estes Park. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: The Transportation Advisory Board is hereby dissolved and its bylaws terminated. DATED this day of , 2025. TOWN OF ESTES PARK Mayor ATTEST: Town Clerk APPROVED AS TO FORM: Town Attorney ATTACHMENT 1